Synopsis: This Cement stock came into focus after profit surged over 360 percent YoY as expansion and cost control strengthened performance despite softer sequential revenue.

A leading cement stock came into focus after reporting robust year-on-year profit growth despite a sequential dip in revenue and operating profit. The stock saw renewed investor interest on the back of an improved operating margin and aggressive capacity expansion plans, signaling management confidence in long-term demand growth across infrastructure and housing sectors.

Ambuja Cements Limited opened at Rs. 567.35 and touched an intraday high of Rs. 582.70 against its previous close of Rs. 565.25, marking a 3.1 percent rise at the day’s high. The company’s market capitalisation stood at Rs. 1,43,069.14 crore.

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