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MARWAR PLANT
Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capexAmbuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Ca...- Ambuja Cements to expand capacities to meet increasing demandACL is undertaking an expansion of cement grinding capacity at Ropar, Punjab by 1.5 million tonnes per annum. It has also started the next ...
- Ambuja Cement Q3 results: Net profit up 11% YoY to Rs 891 croreOn a standalone basis, the company’s net profit remained flat at Rs 441 crore. During the June quarter, Ambuja reported a consolidated net ...
- Ambuja Cements begins commercial production at Marwar Plant in Rajasthan“The plant has deployed all modern equipment and technology to produce cement in a more environmentally friendly manner. It has a Waste Hea...
- Ambuja Cements to invest Rs 310 crore to expand Ropar unit in PunjabThe expansion at the Ropar plant is expected to be completed by June 2023 and after this total capacity of the cement grinding unit at Ropa...
- Ambuja Cement Q1 results: Net profit jumps 71% to Rs 947 crore, beats analyst estimates“India demand growth has been strong in the last quarter which has also helped the sales volume growth and commercial performance,” said Ne...
- We are already seeing green shoots of recovery in the economy: Narotam Sekhsaria, Ambuja Cement“Our growing presence in suburban and rural regions, along with strategically located grinding units, enables us to service these markets b...
- Ambuja Cements Q4 results: PAT rises 34% to Rs 968 croreThe company's volumes grew by 7% supported by good price and has resulted in a 14% growth in net sales.
- ACC and Ambuja Cement to invest Rs 780 crore to set up waste heat recovery power plantsThe WHRS will be installed at Ambuja Cement plants in Bhatapara (Chhattisgarh), Suli and Rauri (Himachal Pradesh) and Marwar Mundwa (Rajast...
- Ambuja Cement Q3 results: Net profit rises 50% to Rs 803 croreThe company announced operationalising its new plant at Rajasthan as part of its growth strategy, which will further improve Ambuja’s marke...
- Ambuja Cement, a laggard for 5 years, builds a case for attentionAmbuja Cement currently trades at a substantial discount to UltraTech and Shree Cement, compared with a premium before 2015.
- Buy Ambuja Cement, target price Rs 210: ICICI SecuritiesFactoring Q1CY20 beat, the brokerage has raised its CY21E EBITDA by 3%.
- Hold Ambuja Cements, target Rs 222: Edelweiss SecuritiesThe brokerage said its recent interaction revealed Ambuja is focusing on commissioning the 3.1mtpa greenfield clinker plant at Marwar-Mundw...
- Buy Ambuja Cements, target Rs 225: ICICI DirectBuy Ambuja Cements at a price target of Rs 225.
- Ambuja Cement posts Q3 profit of Rs 1,378 croreProfit after tax includes write-back of tax provisions related to earlier years amounting to Rs 873 crore.
- MD & CEO Ambuja Cement Ajay Kapur to step downAjay Kapur will step down from his current role from March 1, next year.
- Ambuja Cements goes up 6% on Q1 earnings pushNet profit of Rs 499 crore for Q1 went past a Bloomberg poll estimate of Rs 333 crore.
- ACC and Ambuja Cements place merger plans on holdBoth ACC and Ambuja notified the stock exchanges on the decision to put off the merger talks.
- Solar power for routes in MarwarIndian Railways is exploring solar and windmill power generation through public-private partnership (PPP) for the proposed electrification ...
- Ambuja Cement signs pact with RIICO for Railways siding projectRajasthan State Industrial Development and Investment Corporation Limited (RIICO) and Ambuja Cement Limited (ACL) signed an MOU for a 7 km ...
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