Technical analyst Rajesh Agarwal of Eastern Financiers Ltd maintained 'hold' rating on Ambuja Cements Limited stock with a target of Rs 145.

According to analyst, the investors can buy the stock with a stop loss of Rs 126.

Today, the stock of the company opened at Rs 131 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 166.50 and a low of Rs 98.05 on BSE.

Current EPS & P/E ratio stood at 8.04 and 16.09 respectively.

Ambuja Cements Ltd has declared that a conference of the company's directors will take place on February 03, 2011, inter alia, to consider and sanction unaudited financial outcomes for three month period ended December 31, 2010 (Q3).

Ambuja Cements registered an increase of 5.61% in its sales during December last year to 18.26 lakh tonnes as against the corresponding period of 2009.

During December 2009, Ambuja's sales remained at 17.29 lakh tonnes.

The company's fabrication also remained up at 17.89 lakh tonnes during the last month of 2010 as against 17.37 lakh tonnes during the corresponding period of 2009.

During the January-December period of the last year, the company's total sales were 201.23 lakh tonnes from 188.33 lakh tonnes in the year 2009.

Production during last year climbed up to 201.24 lakh tonnes as against 188.37 lakh tonnes in 2009.