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Ambuja Cements Ltd News

Despite denying Ambuja's acquisition, Star Cement soars 26% so far in Dec

To fuel India's growth, Ambuja Cements has initiated capacity expansion projects of 20 MTPA, spanning every region of the country, over FY 2025-26

Despite denying Ambuja's acquisition, Star Cement soars 26% so far in Dec
Updated On : 13 Dec 2024 | 12:06 PM IST

Stock market crash: Dixon Tech, Ambuja, BHEL among stocks to buy on dips

Here are 5 F&O stocks that are trading with a PCR in excess of 1; Options data and technical charts suggest up to 14% upside for these stocks in the December series; key levels here.

Stock market crash: Dixon Tech, Ambuja, BHEL among stocks to buy on dips
Updated On : 13 Dec 2024 | 11:14 AM IST

Cement shares in demand; UltraTech, Shree, JK, Dalmia Bharat gain up to 5%

While FY25 is seeing slow growth and subdued govt spending, CareEdge maintains a long-term outlook aligned with India's broader growth strategy with housing, continuing to be primary driver of cement.

Cement shares in demand; UltraTech, Shree, JK, Dalmia Bharat gain up to 5%
Updated On : 02 Dec 2024 | 11:47 AM IST

Adani Group shares rally for 2nd day; Adani Green, Total Gas zoom up to 19%

At 11:09 am; Adani Total Gas was trading 14% higher, while Adani Green and Adani Energy Solutions were locked in the 10% upper circuit, as compared to nearly 1% decline in the BSE Sensex.

Adani Group shares rally for 2nd day; Adani Green, Total Gas zoom up to 19%
Updated On : 28 Nov 2024 | 12:10 PM IST

Adani group shares surged up to 6% today; here's what triggered the rally

Adani Green Energy clarified today that allegations against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain under the US FCPA by the US Department of Justice are "incorrect."

Adani group shares surged up to 6% today; here's what triggered the rally
Updated On : 27 Nov 2024 | 10:56 AM IST

Adani shares crack up to 8% on Fitch downgrade; Green, Energy at 52-wk lows

In the past one week, the market price of Adani Green Energy and Adani Energy Solutions tanked 37 per cent and 32 per cent, respectively.

Adani shares crack up to 8% on Fitch downgrade; Green, Energy at 52-wk lows
Updated On : 26 Nov 2024 | 11:13 AM IST

Adani Group shares surge up to 7%; extend recovery post Maha poll verdict

Last week, shares of Adani Group tanked up to 28% after Gautam Adani, along with other executives, were charged by US prosecutors with bribery, fraud charges.

Adani Group shares surge up to 7%; extend recovery post Maha poll verdict
Updated On : 25 Nov 2024 | 12:32 PM IST

Gautam Adani US indictment: Adani Group stocks extend fall by another 11%

In two days, the stock price of Adani Enterprises and Green Energy have tanked by 28%, Adani Energy slipped 27%, while Ports, Power, Total Gas, Wilmar and Ambuja Cements are down between 14% and 18%

Gautam Adani US indictment: Adani Group stocks extend fall by another 11%
Updated On : 22 Nov 2024 | 10:19 AM IST

Adani Group shares plunge up to 20% post US SEC bribery, fraud charges

Gautam Adani, along with other executives, has been charged by US prosecutors for allegedly bribing ($250 million) Indian officials.

Adani Group shares plunge up to 20% post US SEC bribery, fraud charges
Updated On : 21 Nov 2024 | 9:48 AM IST

Ambuja Cements seeks CCI approval to buy majority stake in Orient Cement

Billionaire Gautam Adani-led Ambuja Cements has sought approval from the Competition Commission of India (CCI) to acquire a majority stake in CK Birla group firm Orient Cement Ltd in a Rs 8,100-crore deal. According to a CCI notice, the proposed transaction is a two-stage acquisition process, initiated through two share purchase agreements (SPAs) on October 22, 2024, will see Ambuja Cements initially acquiring a 46.80 per cent stake in Orient Cement. This includes a 37.90 per cent stake from the current promoter group and an additional 8.90 per cent from certain public shareholders. Pursuant to the acquisition of shares, it "triggers an obligation on the acquirer to make an open offer under Sebi's SAST (Substantial Acquisition of Shares and Takeovers) rules for acquisition of up to 26 per cent of the expanded share capital of the target (open offer)", according to the notice. Assuming full acceptance of open offer, the stake of Ambuja Cements will stand at 72.8 per cent, said a not

Ambuja Cements seeks CCI approval to buy majority stake in Orient Cement
Updated On : 11 Nov 2024 | 5:55 PM IST

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

Ambuja Cements Q2FY25 results: Net profit dips 42.5% to Rs 456 crore
Updated On : 28 Oct 2024 | 3:53 PM IST

Ambuja Cements rivals UltraTech in limestone reserves via acquisitions

Gap in the two competitors' reserves is narrower than that in manufacturing capacities

Ambuja Cements rivals UltraTech in limestone reserves via acquisitions
Updated On : 27 Oct 2024 | 11:46 PM IST

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

Adani's Ambuja to acquire 46.8% stake in Orient Cement for Rs 8,100 cr
Updated On : 22 Oct 2024 | 10:00 AM IST

Key deals in India's cement sector since Adani Group's entry in 2022

A company tribunal approved Sagar Cements' $9.20 billion bid to take over Jaypee Group-owned Andhra Cements

Key deals in India's cement sector since Adani Group's entry in 2022
Updated On : 22 Oct 2024 | 1:04 PM IST

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

Ambuja Cements climbs 2% after planning to buy 46.8% stake in Orient Cement
Updated On : 22 Oct 2024 | 11:43 AM IST

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.

Cement shares in focus as Ambuja to buy Orient; trading strategy here
Updated On : 22 Oct 2024 | 11:39 AM IST

Adani Group stocks in focus; Energy Solutions, AEL rally up to 6%

Shares of Adani Energy Solutions, Adani Ports, Adani Enterprises, Adani Power, Adani Green Energy, Adani Total Gas, Adani Wilmar and Ambuja Cements were up in the range of 2 to 6 per cent.

Adani Group stocks in focus; Energy Solutions, AEL rally up to 6%
Updated On : 08 Oct 2024 | 1:34 PM IST

F&O Insights: Aug expiry, RIL AGM to guide Nifty; India Cements exit today

Derivative market update for Thursday, August 29: The 10-day Nifty rally is under threat amid weak global cues; Monthly F&O expiry and RIL AGM may add to the market volatility.

F&O Insights: Aug expiry, RIL AGM to guide Nifty; India Cements exit today
Updated On : 29 Aug 2024 | 9:23 AM IST

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

GQG Partners, others buy Ambuja Cements stake worth Rs 4,251 crore
Updated On : 23 Aug 2024 | 7:04 PM IST

Ambuja Cements share jump over 4% after multiple block deals

Adani family was likely to sell around 3 per cent stake in Ambuja Cements via block deals

Ambuja Cements share jump over 4% after multiple block deals
Updated On : 23 Aug 2024 | 10:07 AM IST