Adani-led Ambuja Cements buys 47% stake in Orient Cement for ₹8,100 cr
The Ambuja-Orient deal marks another acquisition after ₹10,422 cr Penna Cement buyout in June this year; to boost Ambuja's capacity by 16.6 mn tonnes
The Ambuja-Orient deal marks another acquisition after ₹10,422 cr Penna Cement buyout in June this year; to boost Ambuja's capacity by 16.6 mn tonnes
On Monday, ACC shares surged 4.1% to touch an intraday high of ₹2,030 on the BSE, while the market capitalisation increased to ₹37,980 crore.
ACC and Ambuja Cements will resume operations at the Gagal and Darlaghat plants in Himachal Pradesh from today.