by newsworm | Jan 3, 2025 | Ambuja Cements
The article suggests that top cement companies Ambuja Cements, UltraTech Cement, and JK Cement are expected to perform well in 2025 as dealers anticipate a revival in demand. The article cites several reasons for this expectation, including: * Government... by newsworm | Jan 3, 2025 | Ambuja Cements
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have issued no objection to the proposed merger between Adani Group and Ambuja Cements. The merger will see Adani group’s cement business, including its 63.5% stake in Ambuja Cements, being... by newsworm | Dec 21, 2024 | Ambuja Cements
The Adani family, the promoters of Ambuja Cements, have infused an additional Rs 6,661 crore into the company, increasing their stake by 3.6% to 66.7%. This investment will help the company enhance its capacity to 140 million tonnes per annum by 2028 and fuel its... by newsworm | Dec 17, 2024 | Ambuja Cements
The provided content is an invitation to join LinkedIn, a professional networking platform. It encourages you to create a free account or sign in to continue searching for content. The platform appears to be asking you to log in or create an account in order to access... by newsworm | Dec 16, 2024 | Ambuja Cements
Motilal Oswal is bullish on the cement sector, predicting strong volume growth and improved realizations in the second half of FY2025. The brokerage expects an 8% YoY volume growth, with a 1% sequential increase in realizations and a 5% YoY decline. EBITDA per tonne... by newsworm | Dec 15, 2024 | Ambuja Cements, Reliance Industries
Gautam Adani-led Ambuja Cements has commissioned a 200 MW solar power plant in Khavda, Gujarat, marking a significant milestone in India’s clean energy journey. The project was set up at a cost of around Rs 900 crore and is expected to reduce carbon emissions by...