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ACC and Ambuja Cements rise ahead of June quarter earnings

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World Cement,

Reuters are reporting that shares in cement companies ACC Ltd and Ambuja Cements have risen as much as 2.04% and 1.86% respectively.

Both companies are scheduled to report June quarter results on 26 July.

Ambuja Cements is expected to report a net profit of 3.32 billion rupees, compared with 2.26 billion rupees last year.

ACC is also expected to top last year's profit of 1.33 billion rupees, with net profit estimated at 2.56 billion rupees.

Edited from source by Joseph Green. Source: Reuters

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