It is impossible to say for certain whether Ambuja Cement’s stock value will go up. However, based on their performance in the past and current market conditions, it is likely that the company’s stock price will remain stable or increase.
The company has consistently outperformed the market, with strong financial results reported for the last few quarters. Additionally, their core product, cement, is highly demanded in India, where it has seen strong demand over the past few years.
Further, Ambuja Cement has also been expanding its reach and portfolio, increasing its market share and creating new business opportunities. Given these factors, it is likely that Ambuja Cement’s stock price will continue to remain stable or increase in the near future.
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What is the target price for Ambuja cement?
The target price for Ambuja Cement varies depending on the current market and economic conditions. As of October 2020, analysts have set Ambuja Cement’s target price at Rs. 280 per share. This is based on an extensive analysis of the company’s performance and growth projections, including expected volume and revenue growth.
According to the technical analysis of the stock, Ambuja Cement’s current price of around Rs. 207 is below its support levels, which suggests that this could be a good time to buy the stock. Further, its price has been trading in a range between Rs.
180 and Rs. 220, so this target price could be seen as a resistance level. Ultimately, it is important to do your own research and monitor the stock market movements before making investment decisions.
Which cement stock is for long term?
Investing in the right cement stock for a long-term strategy is essential. For example, Cemex (CX) is the largest cement producer in North America and provides a steady stream of income from its operations.
Furthermore, it has a long history of dividend payments. HeidelbergCement (HEI. DE) is also a large, global player in the cement industry that operates in a number of countries and regions. The company also has a strong dividend record and is likely to continue to pay dividends as its profits increase.
Additionally, CRH PLC (CRH) is a diversified construction materials company with strong capital usage and steady year-on-year performance. Moreover, the company has a solid balance sheet, with modest debt and a good dividend track record.
These stocks could be a good long-term option for the investor looking to benefit from the long-term growth of the global cement industry.
Which cement share is to buy now?
The answer to which cement share to buy now depends on a range of factors, such as your goals and risk appetite for investing. Certain cement stocks have outperformed the market in the past and are worth considering, such as Aarti Industries, Birla Corporation, and Shree Cement.
However, it is important to research each company thoroughly, as each has its own unique strengths and weaknesses that should be taken into account. Additionally, macroeconomic factors, such as the global demand for cement and the status of the Indian economy, should be taken into account when determining which cement share to buy.
Furthermore, a portfolio of multiple stocks can be beneficial in order to minimize risk and maximize the potential return. Ultimately, the decision of which cement share to buy now should be made based on a thorough assessment of the economic and market outlook, as well as a consideration of the particular strengths and weaknesses of each company.
Which is better ambuja or UltraTech?
It is difficult to definitively answer which cement brand, Ambuja or UltraTech, is better as it depends on the individual and their individual needs. Both brands are high quality and offer a variety of product options, making them two of the top cement brands in India.
Ambuja has a good range of products that cover Portland Slag Cement, Portland Pozzolana Cement and Ordinary Portland Cement, while UltraTech has a vast range of products in each category, including Portland Pozzolana Cement, Portland Composite Cement, Low Heat Cement, Masonry Cement, Sulphate Resistant Cement, and more.
When it comes to overall quality, UltraTech is considered to be among the best in the Indian market due to its tightly controlled production and strict quality control measures. It is also known for its fast-setting properties, which make it the ideal choice for certain projects and construction sites.
On the other hand, Ambuja is known for its cost-efficient pricing and wide product choices. It is known for its long-lasting strength and durability, making it a popular choice for both residential and commercial projects.
In conclusion, both Ambuja and UltraTech offer great quality, with each brand being better suited for different needs and applications. If cost is an important factor, then Ambuja is a good option due to its low price point, while UltraTech is best for those who need quick-setting cement and better quality control.
Which is the No 1 cement company in India?
The No 1 cement company in India is UltraTech Cement Ltd. It is part of the Aditya Birla Group and as of 2020, is the largest producer of cement in India with a capacity of 117. 4 million tonnes per annum (MTPA).
The company has an annual turnover of over ₹50,000 crore and has an extensive network of marketing, distribution and service centers across India. It has the largest sales network in India for cement producers and has a total of 17 integrated plants, 15 grinding units, 5 bulk terminals, 175 ready mix plants and over 4,600 ready mix concrete trucks.
UltraTech Cement also has a strong presence in the international market with operations in Egypt, UAE, Bahrain, Bangladesh and Sri Lanka. The company has received numerous accolades such as the prestigious Golden Peacock Award for Business Excellence and the ‘Greentech Safety Gold Award’ for its commitment to sustainable development and safety standards.
Who is the largest cement producer in the world?
The largest cement producer in the world is LafargeHolcim. The company operates as a Swiss-domiciled multinational building materials and solutions company. Its portfolio of products and services encompasses cement, aggregates, ready-mix concrete, asphalt, and related activities such as construction site services, and ground engineering.
The company is headquartered in Zurich, Switzerland and has a presence in over 80 countries. It has more than 115,000 employees and an annual turnover of US $21 billion. LafargeHolcim is the leading producer of cement in the world and accounts for approximately 20% of the world’s cement production.
It is the largest producer and supplier of aggregate, asphalt and concrete in North America, Europe and Latin America. The company operates approximately 300 cement plants throughout these regions and has a total of over 320 million metric tons of cement production capacity.
Which cement is strong in India?
The type of cement that is commonly used in India is known as 53-grade Ordinary Portland cement (OPC). This cement has a minimum compressive strength of 53 MPa and is the most common and widely used type of cement in the country.
This type of cement becomes relatively strong after 28 days of curing and is used for most of regular construction works in the country. It has properties that make it suitable for use in a wide range of construction works such as masonry works, flooring, paving, beam-column constructions and plastering.
Other types of cement that are also commonly used in India are 43-grade OPC, Portland Pozzolana Cement (PPC), and Rapid Hardening Cement. 43-grade and 53-grade OPCs have similar properties, but the former has a lower strength and sets faster.
PPC is costlier than OPC, is environment-friendly and provides better strength than OPC due to the presence of Pozzolanic material in its composition. Rapid Hardening Cement is the latest development in the field of cement and, as the name suggests, offers increased strength over OPCs with reduced curing time, usually 1 day instead of 28 days.
Which type of Ambuja Cement is best?
The best type of Ambuja Cement for your project will depend on the specific requirements and your budget. Ambuja Cement offers a wide range of products to suit different needs, and all of them are of the highest quality.
For regular household construction and minor repairs, Ambuja Plus, a general-purpose cement, is ideal. It provides the necessary strength and has low permeability. For large and complex construction projects, Ambuja Cement GREEN CEM II is best, as it has a very low carbon footprint and offers a more durable build with excellent strength characteristics.
For higher strengths, there’re several variants of Grade 43 and 53 cement. All of them offer great workability due to their particle size distribution, low water retention, and low heat of hydration.
For projects involving underwater construction, a specialized underwater Ambuja Cement is available. For high sulfate resistance, the Ambuja Cement OPC 53 IS is perfect, as it offers high strength, excellent water retention, and protection against sulfate attack.
Choosing the right type of Ambuja Cement for your project is key to ensuring the success of your project.
Which is cement 43 grade or 53 grade?
Cement grade can generally be classified into 43-grade and 53-grade according to the range of strength values they conform to. Ordinary Portland Cement (OPC) 43- grade cement conforms to a range of strength values that lie between 33 and 43 MPa, while OPC 53-grade cement conforms to a range of strength values that lies between 43 and 53 MPa.
Generally, 53-grade cement is used for high strength concrete construction, whereas 43-grade cement offers lower strength gain over a longer duration of time. 43-grade cement generally requires more water for proper hydration and for setting of the cement.
It is also slower curing and provides greater durability in most cases compared to the faster curing 53-grade cement.
Why Holcim is selling Ambuja?
Holcim is selling its stake in Ambuja Cements because it wishes to focus more on its core businesses within the cement and construction material industry. The company has chosen to focus primarily on cement and related activities, which makes the sale of Ambuja Cements a logical business decision.
Additionally, Holcim wishes to free up some of its capital to fund its other core businesses, such as towards acquisitions and investments. Moreover, the sale of Ambuja Cements will allow Holcim to focus more on its core business components, further strengthening its overall business strategy.
Additionally, the sale of Ambuja Cements will allow Holcim to strengthen their presence in India and the Middle East, two important markets for the company, by redirecting the freed-up capital towards those regions.
Finally, the sale of Ambuja Cements will help Holcim get closer to its long-term goal of profitable growth, making this sale a beneficial decision for the company overall.
Why is Ambuja sold?
Ambuja is sold because it is a popular and accessible brand of cement that has been used in a wide variety of building projects in India and other parts of the world. The company produces and markets a variety of cement products that are made from high quality ingredients, which makes them extremely durable and reliable.
Furthermore, Ambuja cement has been consistently able to meet the needs of its customers by offering products that not only meet the required standards of efficacy and strength, but also provide cost-effectiveness.
As a result, Ambuja cement is regularly used in projects for residential and commercial buildings, governmental infrastructure, roads, and bridges. Additionally, the company has strong relationships with its distributors and wholesalers, which enables them to reach a wide consumer base, ensuring that their products are readily available.
Therefore, Ambuja’s strong reliability and accessibility make it an ideal choice for many construction projects.
When did Holcim buy Ambuja?
Holcim, a Swiss cement multinational, purchased a majority stake in Ambuja Cement India Ltd in 2006. The purchase, which made Holcim one of the largest cement companies in the world, had a total estimated value of up to US $1.
8 billion. Holcim currently holds a 55% stake in Ambuja while the remaining 45% is owned by minority shareholders. The merged entity, Holcim (India) Ltd, operates in India with a total capacity of around 41 million tons.
The company has eight fully-integrated cement plants, 18 grinding units and seven Bulk Terminals, and has a presence in over nine states across India.
Did Adani buy Ambuja?
No, Adani did not purchase Ambuja. Adani is a diversified Indian conglomerate that operates several businesses in a variety of industries, including energy, logistics, and infrastructure projects. Ambuja, on the other hand, is a cement manufacturer owned and operated by global building products company Holcim.
Holcim acquired a majority stake in Ambuja in 2006, and the company continues to remain a separate entity. As such, Adani has no ownership in Ambuja, and the two companies remain independent of one another.
Who bought Ambuja?
Ambuja Cements Ltd. was acquired by global cement giant, Holcim Ltd. , of Switzerland in July 2005. Prior to this acquisition, Ambuja Cement was primarily controlled by the Anand Burman-owned Dabur Group and Gujarat Ambuja Group.
The acquisition of Ambuja Cement by Holcim served as a strategic fit since the later was already present in South Asian markets and Holcim took over the entire management of Ambuja Cements, including its board, staff, assets and liabilities.
After the acquisition, Ambuja Cements had evolved into a modern, competitive and professionally managed organization and witnessed rapid growth. The economies of scale equated with the growth in market share and the board saw a collaborative culture based on mutual trust and respect with its parent company Holcim.
Ambuja Cements currently stands tall as the largest cement producer in India and a market leader in the cement industry.