Ambuja Cements recovers early losses ahead of quarterly earnings
According to Kotak Institutional Equities, net profit of the cement manufacturer will witness a jump of 37 percent YoY and 150 percent QoQ to Rs 344.8 crore in the quarter ended December. It sees the cement maker reporting a revenue of Rs 4,127.5 crore in the December quarter, up percent 12.5 QoQ and 10.5 percent YoY.
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