Ambuja Cement rating: Maintain ‘buy’ with unchanged target price of Rs 255

ACEM plans to set up WHRS plants at Darlaghat and Bhatpara (19.5MW at each location) at a capex of Rs 3.8bn by Q4CY21. Subsequently, the company may set up WHRS plants at Maratha and Ambujanagar in addition to solar plants totalling 40MW.

from The Financial Express https://ift.tt/31z5wAy