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Buy Ambuja Cements, target price Rs 635: JM Financial

Buy Ambuja Cements, target price Rs 635: JM Financial

Buy Ambuja Cements, target price Rs 635: JM Financial

JM Financial maintains a buy call on Ambuja Cements with a target price of Rs 635, citing strong volume growth and better-than-expected realization. Ambuja's consolidated volume grew by 13% YoY and QoQ, with EBITDA increasing significantly QoQ. The company ai…

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