AMBUJA CEMENTS LTD Q3 RESULTS
Explained: Why are Vedanta investors disappointed on Rs 17,000-crore Jaiprakash acquisition bid
Vedanta’s Rs 17,000 crore bid for Jaiprakash Associates assets raises concerns over weak synergies, debt risks, and limited turnaround potential. Analysts question the addition of non-core, litigation-prone businesses, though the staggered payment eases cash flow pressure. Shares fell 2.2%, reflecting investor skepticism amid volatile markets.
SpiceJet expects to restart ops of 10 grounded planes by April 2026
SpiceJet, grappling with financial difficulties, aims to revive its operations by restoring 10 grounded aircraft by April 2026, with some expected to be operational by early winter to meet peak demand. The airline reported a net loss of Rs 238 crore in the June quarter, impacted by a significant portion of its fleet being grounded.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 28%
More than the Nifty and Sensex, it is positive market breadth which reflects the street’s underlying optimism. A part of this is probably thanks to the statement over the weekend indicating a possible thaw in the India-US relationship which has been in the freezer for some time. Also, the street has started to build in a bullish start to festive season sales. There is, of course, nothing wrong in being bullish, but keep your expectations in check and be nimble-footed at this point of time. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
SpiceJet shares fall 5% after airline reports Rs 234 crore net loss in Q1FY26
SpiceJet Share Price: SpiceJet reported a net loss of Rupees 234 crore in the first quarter of fiscal year 2026. This is a reversal from last year's profit. Revenue also declined significantly. Geopolitical issues and aircraft delays impacted performance. Passenger revenue and load factor remained relatively stable. The airline's net worth improved due to financial restructuring.
SpiceJet to unground 10 aircraft by April 2026, expansion underway to meet market demand
SpiceJet aims to restore grounded aircraft by April 2026, including several Boeing 737 NG, MAX, and Q400 planes. The airline has secured maintenance slots and dispatched engines for repair. SpiceJet received overhauled engines from StandardAero. SpiceJet raised funds and finalized a lease for ten Boeing 737s.
Mid-size housing projects set to gain most from GST rationalisation, says Amit Mamgain
The Goods and Services Tax rate change on cement and construction materials may help mid-size housing projects. Amit Mamgain of Yugen Infra says lower taxes will help developers and buyers. Metro cities may see more demand. Affordable housing will not change much. New rates may start after September 22, 2025.
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Vedanta to pour Rs 17,000 cr into Jaiprakash Associates, beats Adani bid
Vedanta won the bid for Jaiprakash Associates with a ₹17,000-crore offer. It outbid Adani Enterprises in the insolvency battle. The deal involves major cement facilities. Only Vedanta and Adani submitted binding offers. Other suitors like Jindal Power and Dalmia Bharat did not participate. The Committee of Creditors will review Vedanta's winning bid. The resolution process for Jaiprakash Associates faced delays.
TikTok influencer Esmeralda FG and family found dead in Guadalajara
TikTok star Esmeralda FG and her family were found dead in Guadalajara, Mexico. The family included her husband and two children. Authorities said the violence seemed aimed at her husband. Their bodies were discovered wrapped in plastic at a mechanic’s shop. Investigators from Jalisco and federal agencies are working together to find the killers and collect evidence from the crime scene.
SpiceJet Q1 Results: Airline slips into red with Rs 234 crore YoY loss, revenue falls 36%
SpiceJet faced a setback in the first quarter of fiscal year 2025. The budget carrier announced a consolidated net loss of Rupees 234 crore. This contrasts with a net profit of Rupees 158 crore in the same period last year. Revenue from operations also declined significantly. It fell by 36 percent year-on-year, reaching Rupees 1,060 crore.
Varun Beverages Ltd forms JV with Everest International to make refrigerators
Varun Beverages has entered into a joint venture with Everest International Holdings, forming White Peak Refrigeration. VBL holds a 50% stake in the venture, which will focus on manufacturing visi-coolers and other refrigeration equipment. The company has invested ₹21.25 crore, acquiring 2,12,50,000 equity shares in White Peak Refrigeration Pvt Ltd.
How will the recent GST changes affect different sectors of the economy?
GST slab rationalization is set to spur consumption and economic growth. Automobile, cement, and consumer goods sectors are likely to benefit. Two-wheeler makers with higher than 350 cc bikes may face negative impact. Retail-focused lenders could see improved credit demand. Renewable energy companies may gain from GST reduction on solar cells.
Profit-taking in consumption sectors won't end GST rally: Analysts
Profit-taking occurred in consumption-oriented sectors. Analysts believe the rally in autos, consumer durables, FMCG, and metals will continue. Gains may be stock-driven. Cash-based buying is likely to resume. GST cuts aim to boost consumption before the festive season. Investor caution exists regarding inventory management. Management commentary is awaited on lower-GST products and demand.
Broadcom Q3 earnings beat expectations driven by AI revenue - can its custom chips challenge Nvidia?
AVGO stock: Broadcom's fiscal third-quarter earnings exceeded expectations, fueled by robust AI demand. The company anticipates even higher revenue in the current quarter, driven by custom AI accelerators, networking components, and VMWare software. While shares remained mostly flat, investor optimism persists regarding Broadcom's potential to challenge Nvidia's market share in AI chips.
U.S. stock market: Today’s hot stocks Alphabet, American Eagle, Nvidia lead market movers — are investors chasing the right picks now?
U.S. stock market is going through a volatile September, a month that historically tests investor nerves. Today, the spotlight is on Alphabet, American Eagle, and Nvidia, which are leading market movers with sharp gains despite broader uncertainty.
GST cut on cement to boost sector, accelerate infrastructure growth: Industry players
Welcoming the development, Akhoury, who is also Managing Director, Shree Cement, said cement is a foundational input material for infrastructure and housing, and the move will likely boost consumption, augmenting considerable infrastructure, including affordable housing. Adani Cement, which owns Ambuja Cements & ACC, said a reduction in duty on cement will 'accelerate the nation's infrastructure pipeline, catalyse industrial expansion, and strengthen India's march towards a multi-trillion-dollar economy'.
Reduction in GST on cement to help real estate sector: CREDAI
CREDAI welcomes the government's decision to reduce the GST rate on cement from 28% to 18%, anticipating a decrease in construction costs. This move is expected to benefit both consumers and the real estate sector by improving housing affordability. The simplified GST structure and process reforms are also seen as positive steps towards a more transparent and efficient tax regime.
Ambuja Cements, ACC and other cement stocks surge up to 4% after GST slashed from 28% to 18%
Cement stocks surged following the GST Council's decision to reduce the tax on cement from 28% to 18%. This move is expected to boost infrastructure and construction activity by lowering input costs. Jefferies views the rate cut as a positive step, potentially improving industry dynamics and profitability through better pricing and input tax credit benefits.
US stock market: Dow Jones falls, S&P 500, Nasdaq gain. Check top performing stocks
Google parent Alphabet and Apple made big gains as S&P 500, Dow Jones, Nasdaq look ahead to key US jobs data later in the week.
Cyclically negative, structurally positive: Will cement be a surprise winner? 9 cement stocks with an upside potential of up to 27%
In some sectors, it is better to own a basket of shares rather than have exposure to a single stock. Reason: When a sector goes through a phase of restructuring and consolidation, the chances are high that a set of winners will emerge. But it is tough to figure out which the winners will be. So, buy a basket. Also, unlike in the past when buying a basket of stocks was a cumbersome process, today it is just a click away. Now, why cement? Because it might be a surprise winner. What makes that sector a surprise winner? When fundamentals are changing, but scepticism levels are still high. Cement is a sector which has probably seen the maximum mergers and acquisition in the last three years and that suggests there has been a change in the operating matrix.
JSW Cement’s loss widens in Q1 on exceptional loss
JSW Cement reported a consolidated loss of Rs 1,366.41 crore for the June quarter, significantly higher than the previous year, due to an exceptional loss from converting compulsory convertible preference shares into equity shares. Despite the loss, revenue grew by nearly 8% to Rs 1,559.
JSW Cement Q1 profit before exceptional item & tax at Rs 164.74cr, revenue up 7.8%
JSW Cement Ltd reported a multi-fold increase in its profit before exceptional items and tax of Rs 164.74 crore for the first quarter ended June 2025.
Premium cement brands to be key beneficiaries of GST cut; price hikes likely in H2: Nomura analyst
Cement GST likely cut from 28% to 18%, boosting sector profitability. Price hikes of 4–6% expected in FY26 amid steady demand. Leading brands benefit from premiumisation, while consolidation continues gradually. Housing and infrastructure projects drive volumes, supporting medium- to long-term growth for India’s top cement makers.
India Playbook 2025: Proposed tariff imposition from US punishes Indian market despite resilient economy
Global equities rallied on US-Russia talks, but Indian markets lagged, with FIIs turning sellers amid tariff fears, weak Q1 topline growth and slowing consumption. Yet, GST reforms and discounted Russian oil imports may cushion the economy.
UltraTech, Dalmia Bharat offer 13–16% upside as cement sector builds on pricing discipline: MOFSL
India’s cement sector shows resilience with stable August 2025 prices, strong demand outlook, and GST cut hopes. Lower fuel costs, infra push, and housing growth support profitability, while UltraTech and Dalmia Bharat remain strong BUY picks.
MongoDB stock jumped 32% after a massive Q2 earnings beat and raised outlook, sparking Wall Street buzz — is MDB the next big buy?
MongoDB stock surged 32% after reporting a stunning Q2 earnings beat and raising its full-year outlook, driving excitement on Wall Street. Investors now ask — is MDB a smart buy?
Cantor initiates coverage on Ambuja Cements with 'Overweight' rating, sets target price at Rs 745
Global brokerage Cantor has initiated coverage on Ambuja Cements with an ‘Overweight’ rating and a target price of Rs 745, implying 28% upside. The firm cites Ambuja’s capacity expansion, cost efficiencies, and premium products as key drivers of growth and valuation re-rating potential.
Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 26% in 1 year
Four days of upward movement, and then some profit-booking. One big positive development (the proposed GST rate rationalization) and one possible headwind (additional tariff) which could impact businesses. But one thing is very clear from the last few trading sessions: There is enough money waiting to come into the market if peace returns on the tariff war front. So, wait for the event risk to get over and watch the news flow. And stay selectively bullish, but with a long-term perspective. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
UBS Securities bets on 3 cement stocks with up to 25% upside potential
UBS Securities picked Ambuja Cement, UltraTech, and Dalmia Bharat as top buys, citing demand recovery, lower costs, and reforms. Despite Q1 volumes missing estimates with just 3% growth, UBS expects strong EBITDA in Q2 and maintains a 7–8% FY26 growth outlook.
Midcaps, consumption and cement to lead market upside in H2: Pankaj Pandey
Pankaj Pandey suggests a promising second half for Indian markets, anticipating Nifty levels around 27,000. Cement and auto sectors are poised for growth, fueled by GST benefits. While cautious on insurance due to margin pressures, AMCs like HDFC AMC and Nippon appear attractive. Real estate sees potential in tier-II players and home-building products, favoring DLF and Max Estates.
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