Ambuja Cements sees 15% upside after Q1; Analyst bullish

Ambuja Cements sees 15% upside after Q1; Analyst bullish

Ambuja Cements rose 2.5% after a strong Q1 print, with profit up 23% YoY and sales volume hitting 18.4 million tonnes. Analyst Sameer Pande sees a 15% upside, advising long positions between ₹530-560 with a stop-loss at ₹480. Retail sentiment on Stocktwits turned 'neutral' with 'high' chatter. Stock is up 12.6% YTD.

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