Synopsis:

Jefferies, HSBC, and UBS have all given “Buy” ratings on Ambuja Cements Limited, with target prices of ₹770, ₹700, and ₹710, indicating 35.73%, 23.39%, and 25.15% upside potential, respectively.

This Adani Group Stock, engaged in the business of manufacturing, marketing, and selling cement and clinker through integrated cement plants and grinding units across India, is in focus after Jefferies, HSBC, and UBS gave a target, which has an upside potential of up to 35.73 percent.

With a market capitalization of Rs. 1,40,226.55 crores, the share of Ambuja Cements Limited has closed at Rs. 567.30 per equity share, down nearly 1.74 percent from its previous day’s close price of Rs. 577.35.

What is the news?

Jefferies, a prominent brokerage firm, has recommended a “Buy” call on

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