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HomeINVESTMENT1,000 Crore New Investment For New Cement Plant: Know The Share Target...

1,000 Crore New Investment For New Cement Plant: Know The Share Target Price

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Ambuja Cements Ltd (NSE: AMBUJACEM): Ambuja Cements, a company of the Adani Group, announced on Wednesday its plans to invest Rs 1000 crore in a cement-grinding unit to be located in Godda District.

Ambuja Cements Limited said that the new cement grinding unit of 4 million tonnes per year (MTPA) will be built after the necessary approvals.

Ajay Kapoor is the CEO of the cement company, according to PTI. “We believe Jharkhand offers immense potential for resources, infrastructure, and skilled workers, making it an ideal place for this project.”

The company stated that it was looking forward to working with the government to ensure the success of the project.

Ambuja, along with its subsidiary ACC Limited, has acquired Sanghi Industries Limited. ​This company is spread out across India and has a capacity of 74.6 MTPA with 18 integrated cement plants and 14 grinding units.

On Wednesday, Ambuja Cement shares closed at Rs 585.60 with a decline of 0.54 percent on NSE. The 52-week highest price of the shares is Rs. 596.70.

About Ambuja Cements Ltd Company 

Ambuja Cement Limited is a cement manufacturing company based in India.

The Company’s principal business is manufacturing and selling cement and cement-related products. Ambuja Cement is one of the company’s many products. 

other products: Ambuja Kawach Ambuja Plus Ambuja Cool Walls,lAmbuja Compocem, Ambuja Buildcem, Ambuja Powercem, Ambuja Railcem Alccofine.

The company provides support for individual home builders, masons, contractors, and engineers.

The Company, through its subsidiary ACC Ltd., has a total capacity of 67.5 million tonnes with 14 integrated cement manufacturing units and 16 cement grinding units spread across the country.

subsidiaries: Chemical Limes Mundwa Private Limited, Dirk India Private Limited, ACC Mineral Resources Limited, etc.

Fundamental Analysis of Ambuja Cements Ltd

Market Cap₹ 1,16,716 Cr.
Current Price₹ 588
52-wk High₹ 597 
52-wk Low₹ 324
Stock P/E35.8
Book Value₹ 166
Dividend0.43 %
ROCE12.6 %
ROE10.8 %
Face Value₹ 2.00
P/B Value₹ 2.00
OPM18.4 %
EPS₹ 16.0
Debt₹ 745 Cr.
Debt to Equity0.02

Ambuja Cements Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹580₹630
2025₹642₹685
2026₹700₹728
2027₹735₹755
2028₹765₹800
2029₹822₹888
2030₹900₹968
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Ambuja Cements Ltd Shareholding Pattern

Promoters Holding
Dec 202263.22%
Mar 202363.22%
June 202363.20%
Sept 202363.19%
Dec 202363.19%
FII Holding
Dec 202210.66%
Mar 202311.16%
June 202312.45%
Sept 202311.65%
Dec 202311.88%
DII Holding
Dec 202214.48%
Mar 202314.48%
June 202314.14%
Sept 202315.26%
Dec 202315.56%
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Govt. Holding
Dec 20220.26%
Mar 20230.26%
June 20230.26%
Sept 20230.26%
Dec 20230.26%
Public Holding
Dec 20229.13%
Mar 202310.87%
June 20239.94%
Sept 20239.63%
Dec 20239.10%

Ambuja Cements Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2018₹ 26,041 Cr
2019₹ 27,104 Cr
2020₹ 24,516 Cr
2021₹ 28,965 Cr
2023₹ 32,232 Cr
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Last 5 Years’ Net Profit:

2018₹ 2,973 Cr
2019₹ 2,783 Cr
2020₹ 3,107 Cr
2021₹ 3,711 Cr
2023₹ 3,976 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190
20200
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:7%
5 Years:13%
3 Years:10%
Current Year:61%

Last 10 years’ Return on Equity (ROE):

10 Years:10%
5 Years:11%
3 Years:11%
Last Year:11%

Sales Growth Over 10 Years:

10 Years:15%
5 Years:11%
3 Years:13%
Current Year:4%

Conclusion

This article is a complete guide about Ambuja Cements Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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