Ambuja Cements quarterly earnings up 27%
Source: IRIS | 26 Jul, 2018, 09.59AM
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Rating: NAN / 5 stars. |
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"Ambuja is well positioned to benefit from the upsurge in rural demand and the encouraging external environment. Our consistent customer-connect initiatives, pursuit of operational excellence and continued focus on the retail segment is helping us reduce the impact of rising cost pressures," said Ajay Kapur, MD & CEO, Ambuja Cement.
Shares of the company gained Rs 11.65, or 5.56%, to trade at Rs 221.15. The total volume of shares traded was 323,659 at the BSE (9.48 a.m., Thursday).
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