Ambuja Cements shares drop over 2% after Q4 results. What Jefferies and Nomura are saying
రచన: TodayTelugu Desk1 నిమిషాల చదువు1 చూపులు
Ambuja Cements shares fell despite strong Q4 results, where net profit jumped 78% year-on-year to Rs 1,830 crore and revenue rose 10% to Rs 10,892 crore. Profit also surged sharply on a sequential basis, but the stock declined, suggesting muted market reaction despite robust earnings.
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