21 October 2010

Angel Broking, Result Previews – 2QFY2011 for Ambuja Cements

Bookmark and Share Visit http://indiaer.blogspot.com/ for complete details 􀂄 􀂄


Ambuja Cements – 3QCY2010
We expect Ambuja Cements to report a 3.5% yoy decline in top line to `1,585cr on
account of a drop in realizations; however, the company’s despatches remained flat at
4.28mn tonnes. The OPM is expected to decline by 217bp yoy to 26.0%. Net profit is
expected to decline by 17.6% yoy to `263cr. We remain Neutral on the stock.

No comments:

Post a Comment