Searched for
ORIENT CEMENT ACQUISITION
Cement demand growth likely to moderate to around 5% in FY27: Ambuja CementsAmbuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previ...
Ambuja Cements to slow capacity additions until utilisation improvesAmbuja Cements plans to add new capacity after reaching optimal utilization. The company aims to reach 119 million tonnes capacity by fisca...
Adani Group cos post record $16 bn capex, all-time high EBITDA of Rs 94,834 cr in FY26Adani Group companies achieved a record capital expenditure of Rs 1.53 lakh crore and an all-time high EBITDA of Rs 94,834 crore in FY26, f...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
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...
Adani Group consolidates cement assets: Ambuja Cements to merge ACC & Orient CementAdani Group is consolidating its cement assets, merging ACC Ltd and Orient Cement into Ambuja Cements to create a single pan-India entity. ...
Ambuja Cements completes acquisition of promoters' 37.8% stake in Orient CementAdani Group-owned Ambuja Cements has completed the acquisition of 37.8 per cent promoters' stake of CK Birla group firm Orient Cement Ltd (...
CCI approves Ambuja Cements' acquisition of Orient CementIndia's antitrust watchdog has approved Ambuja Cements' acquisition of India Cements. This move, announced in October, aims to bolster Ambu...
Ambuja Cements shares in focus on receiving CCI approval for acquiring Orient CementAmbuja Cements' shares may attract attention after receiving unconditional approval from the Competition Commission of India (CCI) for its ...
Ambuja Cements seeks CCI nod to acquire majority stake in Orient CementAmbuja Cements, owned by Gautam Adani, is seeking regulatory approval to acquire a majority stake in Orient Cement for Rs 8,100 crore. The ...
Orient Cement Q2 Results: Profit slides 90% to Rs 2.32 cr, sales down 24%CK Birla group firm Orient Cement Ltd on Friday reported a 90.5 per cent decline in net profit to Rs 2.32 crore for the second quarter ende...
Adani Cement takes over CK Birla's Orient Cement in ₹8,100 cr dealAdani Cement announced the acquisition of Orient Cement from CK Birla Group for ₹8,100 crore. This deal boosts Adani Cement's market share ...
Southern cement sector poised for growth amid industry consolidation: Rakesh AroraIn South India, it was closer to 50%. And with this acquisition of India Cements by UltraTech and now Orient by Ambuja Cement, it is gettin...
Ambuja to acquire Orient Cement at equity value of Rs 8,100 crore; to make open offer to acquire additional 26% stakeAmbuja Orient Cement: Ambuja Cement is set to acquire Orient Cement Ltd for Rs. 8,100 crore. The deal will be completed through an open off...
JSW joins the race to buy CK Birla’s flagship Orient CementStock has rallied 56% in 3 months, can help to ramp up capacity to 24 MTPA. Adani, Ultratech both has been in negotiations to take over com...
Orient Cement shares zoom over 5% amid UltraTech’s plans of acquisitionUltraTech, led by Kumar Mangalam Birla, is in advanced talks to acquire Orient Cement from CK Birla for Rs 350-375 per share to counter Ada...
Kumar Birla re-enters race to buy Orient Cement to consolidate Ultratech's Southern pushTalks between CK Birla and Adani said to be at standstill over valuation, mining clearances. Orient stock up 45% in last 1 month.
Orient promoter CK Birla taps Adani for cement business saleIndustrialist CK Birla has approached Gautam Adani to sell his promoter stake in Orient Cement after rejecting offers from other buyers. Bi...
Stock pick of the week: Why analysts are bullish on Orient CementThe company was able to report a revenue growth of 50 per cent and an 11 per cent fall in its net loss on a year-on-year basis.
Orient Cement will pay more in interest post Jaypee dealJapyee Cement's acquisition will give it a ready market in the eastern and central regions. It will also provide limestone reserves and ful...