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    HomeNewsBusinessCompaniesAmbuja Cements falls ahead of Dec quarter earnings

    Ambuja Cements falls ahead of Dec quarter earnings

    Shares in Ambuja Cements Ltd fall 2 percent on expectations the company will post lower-than-expected earnings for the October-December quarter later in the day, dealers say.

    February 07, 2013 / 14:53 IST

    Shares in Ambuja Cements Ltd fall 2 percent on expectations the company will post lower-than-expected earnings for the October-December quarter later in the day, dealers say.

    Morgan Stanley reduced its rating on Ambuja Cements to "equalweight" from "overweight" on Wednesday, saying valuations already reflect expectations of firmer cement prices and a "structurally positive" outlook for the sector.

    Ambuja Cements Q4 PAT seen down 1% Rs 300cr

    first published: Feb 7, 2013 02:26 pm

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