India's Ambuja Cements slips as quarterly profit falls

Ambuja Cements

30/01/2026 10:21

** Shares of Adani Group-owned Ambuja Cements ABUJ.NS closed 4.8% lower to 510.15 rupees - its lowest since April 2025

** Co reports 88.4% drop in Q3 profit to 2.04 billion Indian rupees ($22.18 million)

** Co's quarterly revenue rises ~21% to 59.09 billion rupees

** More than 6.12 million shares change hands vs 30-day avg of 2.10 million shares

** Stock rated as "buy" on average by 40 analysts; median PT at 662.50 rupees - data compiled by LSEG

**YTD, stock down 8.3%

($1 = 91.9690 Indian rupees)

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))