In FY 2025-26, cement demand growth is expected to rebound by 6-7 per cent owing to traction from the infrastructure and rural housing segments
Ambuja Cements share price advanced 2 per cent in trade after brokerages iterated its 'Buy' rating on capacity expansion plan
Analysts at Elara Capital expect demand growth for the cement sector to rebound in FY26, driven by improved execution of government initiatives, such as the PMAY-G, and increased irrigation spending.
Bharti Airtel, DMart, Adani Enterprises, Eternal among 10 large-cap stocks that look technically strong on charts and can deliver double-digit returns in the next six months.
Ambuja Cements shares rose 5 per cent, logging an intraday high at ₹562.5 per share; check all details here
The average gain for Ambuja Cements, an Adani group stock, after witnessing 'Golden Cross' formation has been 86% in the last three instances; can history be repeated? Here's what the charts say.
Ambuja Cements, now a key part of the Adani Group, has surpassed 100 MTPA capacity and plans to reach 140 MTPA by FY28, driven primarily by brownfield expansions
During FY26, the cement industry is expected to achieve 6.5-7.5 per cent demand growth fuelled by infrastructure projects, rural recovery and real estate momentum.
Adani family co crosses 100 mtpa capacity milestone
Ambuja Cements Q4 FY25 company result: The board of directors recommended a dividend of ₹2 per equity share of face value of ₹2 each fully paid-up for FY25, pending shareholder approval
Q4 FY25 company results today: Bajaj Finserv, CEAT, IndiaMart, PSB, Schaeffler India, and Shoppers Stop will be among 42 companies to post earnings reports for the January-March quarter on Apr 29
With the monsoon still two months away, cement companies stand to benefit from this seasonally strong period.
Adani Group-owned Ambuja Cements has completed the acquisition of 37.8 per cent promoters' stake of CK Birla group firm Orient Cement Ltd (OCL) and has become a promoter. With this, the total shareholding of Ambuja Cements in OCL has gone up to 46.66 per cent, as it has also acquired 1.82 crore share representing 8.87 per cent from public shareholders of OCL. "Ambuja has completed the acquisition of 7,76,49,413 equity shares (representing 37.79 per cent of equity share capital) of the company from the promoter group," said a regulatory filing from OCL. Pursuant to the acquisitions from the promoter group and public shareholders, Ambuja has acquired sole control of OCL and has become the promoter of the company, it added. Last October, Ambuja Cements had announced to acquire OCL at a valuation of Rs 8,100 crore as part of its expansion drive.
Ambuja Cements, part of Adani Group, in a top-level rejig, has appointed Vinod Bahety as its new CEO and designated the incumbent Ajay Kapur as the managing director. The board of Ambuja Cements has approved the "Appointment of Vinod Bahety as Additional Director and Whole-time Director and Chief Executive Officer of the Company for a term of three years", the company said in a regulatory filing. Besides, Ambuja Cements, the second largest cement producer in the country, has also announced the appointment of Rakesh Tiwary as Chief Financial Officer of the company. The board also approved the appointment of Praveen Garg as a Non-Executive Independent director on the Board of the Company for three years. All these changes are going to be effective from April 1, 2025, the filing said. Meanwhile, ACC, a step-down subsidiary of Ambuja Cement, also informed the cessation of Ajay Kapur as its whole-time director and CEO. The board of ACC also approved the appointment of Vinod Bahety as
NSE derivatives data shows that FIIs are least bearish since December 13; DIIs most bullish in more than a year, while retail investors have turned cautious.
The additional tax on limestone will increase the overall raw material cost of Tamil Nadu based cement manufacturers as limestone is a key raw material for manufacturing cement
With industry focus shifting to volume growth in the closing quarter of the year, the likelihood of substantial price hikes in the near-term remains low due to the continued high competitive pressure
The NSE derivatives data show that FIIs continue to hold a bearish bias, with 8.5 short positions in index futures for every long bet.
Consolidated revenue was at Rs 8,500 crore, with adjusted EBITDA at Rs 890 crore, and adjusted PAT at Rs 410 crore in Q3FY25
Higher volume, one-time tax-related reversals and receipt of certain governemnt incentives aided profitability