Ambuja Cements, ACC profits may lag estimates - StarMine

Profits of Swiss cement company Holcim's HOLN.NS Indian units, ACC Ltd and Ambuja Cements, may lag consensus estimates when they report their October-December quarter results on Thursday, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Ambuja Cements to report a profit of 1.97 billion rupees for the quarter, compared with a consensus mean estimate of 2.05 billion rupees.

ACC is expected to post a profit of 1.84 billion rupees compared with a consensus mean estimate of 1.91 billion rupees.

ACC is down 0.91 percent while Ambuja Cements falls 0.6 percent.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Bureaucrats have enjoyed flying miles at taxpayer expense for too long

    The beleaguered Indian taxpayer will certainly applaud prime minister Narendra Modi’s attempt to deliver on his promise of cutting down fiscal defic

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: CHAIN REACTION

A domino effect is the cumulative effect produced when one ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture