Firm claims cement maker failed to pay agreed fees.
Sales, margins down in the first three months of the year.
Anand Randhi puts in buy recommendation for the cement maker.
Firm turns in bigger loss despite higher revenues last year.
Firm looking to raise 2.2 bn pesos from the capital raising exercise.
Firm has recently initiated a cement mill project in Ghana for $30 mm.
Cement maker says earnings increased by half in the first three months of the year.
Performance of cement makers steady in the first three months of the year.
Firm set to issue as much as 51 mm shares.
Firm posted weaker Q1 numbers amid adverse weather conditions and economic recession.
Lower cement prices pulled profits for ACC and Ambuja.
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