Ambuja may narrow valuation gap with peersAnother key concern looming large over the company’s stock was the change in royalty payment to its parent company, Holcim. The company pay...
28 Dec, 2020, 03.39 PM IST
Any hike in royalty to hurt ACC and Ambuja: CLSACLSA said the absence of fresh agreement so far has created uncertainty as this fee charged by LafargeHolcim is at a higher rate in most ot...
07 Mar, 2018, 08.06 AM IST
Cement companies rally on Holcim-Lafarge mergerShares of cement makers rallied in a lacklustre mkt as investors bet industry would be better placed on pricing after merger of Switzerland...
08 Apr, 2014, 08.35 AM IST
Holcim, Lafarge agree to create cement giantWolfgang Reitzle will be chairman of the new merged entity while Lafarge's current chief Bruno Lafont will become its chief executive, said...
08 Apr, 2014, 05.25 AM IST
Ambuja-Holcim deal gets 68% favourable vote from institutional investorsParticipation from retail investors was thin as only 10% of them participated in the vote and 88% out of that have thumbs-up to the deal.
22 Nov, 2013, 09.44 AM IST
- Tax gain propels ACC profit nearly 2-fold in Januray-March
Total income of the company, however, dipped to Rs 2,956 crore during the reporting quarter from Rs 3,045 crore a year ago, due to subdued ...
03 May, 2013, 09.38 PM IST
- Ambuja Cements will continue to de-rate; recommend ‘sell’: Macquarie
Macquarie thinks Ambuja Cements will continue to de-rate and recommend selling.
08 Feb, 2013, 10.15 AM IST
ACC & Ambuja Cements: Small hike in royalty a relief for investorsRoyalty payment to parent Holcim, recently approved by the respective boards, will have only a marginal impact on the earnings of ACC, Ambu...
18 Dec, 2012, 06.24 AM IST
- ACC clocks 3.55 pc rise in October sales
Cement maker ACC today reported a 3.55 per cent increase in its October sales at 2.04 million tonnes.
02 Nov, 2012, 08.50 PM IST
- ACC,Ambuja Cements gain ahead of quarterly results
ACC is expected to report 70% YoY growth in its net profit for the third quarter of calendar year 2012 to Rs 271 crore from Rs 159 crore re...
18 Oct, 2012, 11.34 AM IST
- Ambuja Cements April shipments down 2.4% to 1.86 million tonnes
The company, in which Holcim holds about 46%, said production in April fell to 1.81 million tonnes from 1.91 million tonnes a year earlier.
02 May, 2011, 04.07 PM IST
- Excess capacity may put cement stocks in jeopardy
New capacities being built by several cement firms could limit their pricing powers — a factor that the Street is slowly beginning to price...
16 Aug, 2008, 02.22 AM IST
- ACC top execs get Holcim shares
Shares of Swiss cement maker Holcim is now part of the remuneration of the senior managers of ACC.
07 Aug, 2008, 12.00 AM IST
'Cement prices are below headline inflation'Holcim is jacking up cement capacities in India from where it earns nearly 17% of its global revenue.
08 Jul, 2008, 01.41 AM IST
- Holcim may up Ambuja Cement stake
Fund managers are betting that Holcim, the majority shareholder in Ambuja Cements, may announce another buyback of shares - to hike its sta...
01 Aug, 2007, 01.49 AM IST
- Holcim Q3 profit up 43% to $689 mn
Holcim, the world’s second-largest cement maker, reported a 42.5% rise in third quarter net profit and set ambitious mid-term margin target...
10 Nov, 2006, 12.00 AM IST
- Holcim fined Rs 25 cr for breach of open offer norms
The Securities and Exchange Board of India (Sebi) on Friday slapped a penalty of Rs 25 crore on Holcim (India) for violation of Sebi’s open...
26 Aug, 2006, 03.40 AM IST