Ambuja Cements shares rise marginally after Q2 PAT surges 268% YoY, brokerages hike target price. Should you buy?

Ambuja Cements’ share price saw a marginal uptick on Tuesday after the company reported a 268% YoY surge in Q2 FY26 net profit to Rs 1,766 crore, driven by record volumes and strong cost control. Brokerages, including Motilal Oswal, JM Financial, and Elara Capital, raised target prices, citing improving margins and a profitability outlook.