India's Ambuja Cements rises after posting quarterly profit jump

Ambuja Cements

03/11/2025 08:45

** Shares of Adani Group-owned Ambuja Cements ABUJ.NS rise as much as 3.07% to 582.75 rupees, stock last up 1.6%

** Co reports quarterly PAT of 13.88 billion rupees vs 5 bln rupees last year, on recovery in cement prices and higher than expected volume growth

** Co's quarterly rev from ops rises 26.17% to 51.39 billion rupees

** More than 3.37 million shares change hands vs 30-day avg of 1.73 million shares

** Stock rated as "Buy" on average by 39 analysts; median PT at 660 rupees - data compiled by LSEG

**YTD, stock up 8.20%

 (Reporting by Mridula Kumar)

 ((Mridula.kumar@thomsonreuters.com))