Buy Ambuja Cements With Stop Loss Of Rs 116

Buy Ambuja Cements With Stop Loss Of Rs 116Stock market analyst Kiran Jadhav has maintained 'buy' rating on Ambuja Cements Ltd stock to achieve a target of Rs 140 in 2-4 trading sessions.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 116.

Today, the stock of the company opened at Rs 125.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 126.45 and a low of Rs 82 on BSE.

Current EPS & P/E ratio stood at 9.14 and 13.35 respectively.

Ambuja Cements Ltd was established during late 80s.

Ambuja Cements Ltd is the third biggest cement company in the country having a yearly plant capacitance of 16 million tonnes comprising Ambuja Cement Eastern Ltd. and earning above Rs. 3298 crores.

More significantly, its facilities are some of the most effective all through the world.

However, the company's most classifiable trait is its approach to the business.

The company owns 3 child companies comprising Ambuja Cement Eastern, Ambuja Cement Rajasthan and Ambuja Cement India.