Axis Annual Analysis:Ambuja Cements
The stock is currently trading at 14.7x and 12.5x CY21E and CY22E EV/EBITDA. We value ACL at 13x CY22E EV/EBITDA. However, owing to a recent run-up...
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Ambuja Cements (ACEM IN)
Ambuja Cements (ACEM IN)
139
Analysis
Materials • India
Ambuja Cements Limited is an Indian cement producing company that manufactures and markets cement, clinker, and related products for domestic and export markets. Its product portfolio includes ordinary portland cement, portland pozzolana cement, and ready-mix concrete. The company is headquartered in Mumbai, Maharashtra, India, and was founded in 1983.
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