Ambuja Cements may rebound to ₹575: Analyst
Ambuja Cements may be poised for a bounce after forming a bullish hammer near ₹525 support, analyst Deepak Pal noted. A move above ₹545 could lead to ₹570-575, with a stop-loss below ₹525, Pal added. Strong FY24 results, nearly zero debt, and expansion plans to 140 MTPA support the long-term outlook.