Ambuja Cements Q2 profit falls 42% to ₹456 crore
The company’s revenue rose marginally by 1.2% year-on-year to ₹7,516 crore for the second quarter.
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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
Heidelbergcement India shares hit 52-week high on report of Adani buyout talks
Riding high on buyout rumors, shares of Heidelbergcement India surged 17.95% to touch a new 52-week high of ₹257.85 on the BSE.
Ambuja Cements shares surge 4% amid block deal buzz; promoter Adani family likely seller
Adani Group-owned Holderind Investments was looking to sell 2.84% stake in Ambuja Cements through block deal at a floor price of ₹600 per share.
Adani's Ambuja Cement acquires Penna Cement for ₹10,422 cr
PCIL brings to the table a substantial cement capacity of 14 MTPA, with 10 MTPA already operational, and the remaining 4 MTPA is under construction
Adani stocks rise up to 7% as Jefferies remains bullish
Adani Group focused on containing debt, and reducing founders share pledges in FY24, Jefferies says
Ambuja Cements Q4 profit up 64% to ₹1,055 cr
The sales volume of Ambuja Cements improved by 17% to 16.6 million tonnes (MnT) during the quarter under review, as against 14.1 MnT in the March quarter of FY23.
Ambuja Cements shares hit all-time high on fund infusion by Adani Family
Billionaire Gautam Adani and his family has infused another ₹8,339 crore in Ambuja Cements, raising their stake in the company by 3.6% to 70.3%.
Adani Family completes infusion of ₹20,000 cr in Ambuja Cements; raises stake to 70.3%
Adani Family infused an additional ₹8,339 crore in Ambuja Cements, taking the total infusion to ₹20,000 crore under the warrants program.
Ambuja Cements to acquire 1.5 MTPA grinding plant in Tamil Nadu for ₹414 cr
The acquisition of My Home Group's cement unit in Tuticorin will take Adani Group’s total cement capacity to 78.9 MTPA.
