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Cantor Fitzgerald gives Ambuja Cements, an Adani Group firm, an 'overweight' rating, predicting a 30% return.
Global financial firm Cantor Fitzgerald has given Ambuja Cements, part of the Adani Group, an 'overweight' rating, expecting a 30% return on investment over the next year.
With a target price of Rs 745, Cantor sees strong growth potential due to Ambuja's expanding capacity and improving market share in the Indian cement industry.
The company aims to grow its cement production capacity and benefit from rising demand and cost efficiencies.
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Cantor Fitzgerald otorga a Ambuja Cements, una empresa del Grupo Adani, una calificación de "sobrepeso", pronosticando un rendimiento del 30%.