Page 2 - Ambuja Cements

Ambuja Cements Q2FY25 results: Net profit dips 42.5% to Rs 456 crore

Adani group-backed entity saw a marginal 1.2% Y-o-Y rise in its revenue to Rs 7,516 cr

Adani group's Dubai-based firm to buy ITD Cementation for Rs 3,204 cr

With this transaction at Rs 400 a share, the present promoter Italian-Thai Development Public Company will cease to be a promoter of the company and Adani group's Dubai-based firm

Adani's Ambuja to acquire 46.8% stake in Orient Cement for Rs 8,100 cr

Adani pips Ultratech, makes open offer for CK Birla firm at Rs 395.40 a share

Ambuja Cements climbs 2% after planning to buy 46.8% stake in Orient Cement

Ambuja Cements will acquire a 46.8 per cent stake in Orient Cement. The transaction will happen at an equity value of Rs 8,100 crore, or Rs 395.4 per share

Cement shares in focus as Ambuja to buy Orient; trading strategy here

Barring HeidelbergCement most of the cement stocks look technically weak on the charts; Ambuja Cements is on the verge of seeing a 'Death Cross' formation on the daily chart.

GQG Partners, others buy Ambuja Cements stake worth Rs 4,251 crore

Adani family will use Rs 4,251 cr proceeds to accelerate investment across group firms

Adani family to sell around 3% stake in Ambuja Cements on Friday

Move part of portfolio management, induct long-term investors

Cement players on growth path despite weak demand, pricing pressure

Ambuja reports lower volume growth in East, South; Shree Cement losing in North

Adani's Ambuja Cement to invest Rs 1,600 cr to build grinding unit in Bihar

Adani Group-owned Ambuja Cement Ltd (ACL) on Saturday announced an investment of around Rs 1,600 crore in Bihar to set up a cement grinding unit at Warisaliganj in Nawada district. The 6 MTPA Warisaliganj cement grinding unit is the first venture in Bihar of ACL, which is aggressively expanding its capacity in the country, according to a statement from the Adani Cement entity. "The Warisaliganj Cement Grinding Unit, a standalone facility with an overall capacity of 6 MTPA (million tonnes per annum), will be established at an investment of nearly Rs 1,600 crore," it said. With this announcement, the billionaire Gautam Adani-led firm has become "the largest investment in the state by a cement industry player". "The project will meet the growing infrastructure needs of Bihar, aligning with priorities outlined in the recent Union Budget," it said. In the latest Union Budget 2024-25, the Narendra Modi-led government unveiled big-ticket projects for Bihar, proposing a total outlay of ov

Billionaire battle heats up as Adani challenges Birla in cement space

The clash of titans is likely to intensify as the deep-pocketed tycoons seek to dominate supplies of a building material that is critical to sustaining India's infrastructure boom

How to trade Adani stocks amid Hindenburg-Sebi row? Here's what charts say

Adani group shares such as Adani Enterprises, Ambuja Cements, Adani Power and ACC seem favourably placed on the charts, and can potentially rally up to 22 per cent from current levels.

Adani group shares trade mixed as Hindenburg issue resurfaces; AEL down 1%

Sebi slapped 'show cause' notice to Hindenburg; Adani Total Gas, Adani Energy Solutions, New Delhi Television and Adani Wilmar were up in the range of 1 per cent to 2 per cent.

Ambuja Cements, Ravi Sanghi to offload 3.52% stake in Sanghi Industries

Adani group firm Ambuja Cements and Ravi Sanghi, the promoters of Sanghi Industries, will sell 3.52 per cent stake in the Saurashtra-based cement manufacturer. The Offer-for-Sale (OFS) will open on Wednesday for non-retail investors and on Thursday for retail investors, Sanghi Industries said in a regulatory filing on Tuesday evening. "Ambuja Cements and Ravi Sanghi (the seller/promoters) propose to sell up to 90,92,000 equity shares of Sanghi Industries representing 3.52 per cent of the total issued and paid up equity share capital of the company," it said. Shares of Sanghi Industries, in which the majority stake was acquired by Adani group firm Ambuja Cement last year, were trading at Rs 102.35, higher by 0.09 per cent on the BSE in morning deals. Calculated on the basis of current market price, this OFS will fetch Rs 93.05 crore. In the last one year, shares of Sanghi Industries peaked at Rs 151.85 on January 15, 2024. "The offer shall take place over two trading days on a sep

Penna acquisition could be 1st among many M&As for Ambuja Cements: Analysts

We believe that further acquisitions are indeed possible considering Ambuja Cement's strong balance sheet, said analysts

Top buzzing stocks, June 14: Ambuja, Defence, Suven Pharma, Zaggle, Nalco

Stocks to Watch today, Friday, June 14: Ambuja Cements will acquire Hyderabad-based Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs 10,422 crore

Cement stocks rally up to 10% on Monday, Ultratech hits record; here's why

Cement stocks: The rally comes amid hopes of sustained push on infrastructure development and government-driven capex continuing in India

Adani group shares trade weak; Total Gas, Enterprises, Power tank up to 19%

At 09:41 am; Adani group stocks had recovered up to 13 per cent of the intra-day losses, but were still down in the range of 6 per cent to 10 per cent on Tuesday.

Acche din for Adani stocks over, or will the run continue? Key tech levels

Adani Enterprises, Adani Power and Adani Wilmar can potentially rally up to 30 per cent from present levels, suggests the key retracement ratios.

Ambuja, ACC, JK, Ultratech: Will cement stocks crack under pressure?

Cement stocks investment strategy: Investors with a long-term horizon may strategically accumulate shares of fundamentally strong cement companies

Ambuja Cements Q4FY24 results: Net profit surges 64% to Rs 1,055 crore

Ambuja Cements' revenue from operations increased by 11.64% to Rs 8,893.99 crore in Q4, compared to Rs 7,965.98 crore reported in the year before