VERIFIEDET Markets·29 Jul 2026neutral

Ambuja Cements share price target: Nuvama, Motilal, other brokerages see up to 30% upside. Here's why

AI Summary

·Ambuja Cements reported a 34% year-on-year decline in Q1 FY27 consolidated net profit to Rs 577 crore.
·Revenue fell 7.5%, while EBITDA dropped 19% and margins narrowed due to higher fuel and raw material costs.
·Despite the weak quarter, brokerages retained their 'Buy' ratings, citing strong long-term growth prospects.