Ambuja Cements, ACC profits may lag estimates, says StarMine

Comments 0
ACC is expected to post a profit of Rs 1.84 bn compared with a consensus mean estimate of Rs 1.91 bn. ACC is expected to post a profit of Rs 1.84 bn compared with a consensus mean estimate of Rs 1.91 bn.
SummaryACC is expected to post a profit of Rs 1.84 bn compared with a consensus mean estimate of Rs 1.91 bn.

Profits of Swiss cement company Holcim's Indian units, ACC Ltd and Ambuja Cements Ltd, 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.

Ads by Google

More from Companies

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...