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AMBUJA CEMENTS EXIT
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...- Two Trades for Today: A cement major for a 4.8% gain, a mid-cap media and entertainment stock for a rise of almost 6%Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
- BSE 100 rejig: Paytm, Ashok Leyland and CG Power enter index; Adani Group-owned Ambuja, 2 more exitPaytm, Ashok Leyland, and CG Power were added to the BSE 100, replacing Ambuja Cements, Tube Investments, and Colgate-Palmolive, effective ...
- Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bidIn a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this ...
- Explained: What merger of Ambuja Cements, ACC, Orient Cement means for Adani shareholdersAmbuja Cements’ board approved merger schemes to combine ACC and Orient Cement into Ambuja through share swaps, with no cash payout. ACC sh...
- How should investors react to UltraTech-India Cements deal? Rakesh Arora explainsSee, UltraTech is undoubtedly the number one and they are a well-oiled machine. Not only they are the largest, but they are still growing a...
- Hot Stocks: Brokerages view on Bharti Airtel, Nykaa, Ambuja Cements and Gujarat GasThe telecom major recorded its highest-ever post-paid subscriber gains. There is substantial growth seen in the home broadband and Airtel e...
- Adani Cement exits industry lobby group Cement Manufacturers' AssociationBoth Ambuja Cements and ACC had stopped sharing production and sales data with the CMA a few years back and have not been active members of...
- Quant Mutual Fund schemes fall 2.50-6.28%. What should you do?Quant Mutual Fund had investments in the Adani Group stocks as it follows a quant based investment strategy. Quant Mutual Fund follows the ...
- Cement stocks rally on hopes of a ready mix of more dealsShares of Nuvoco Vistas surged 11% to Rs 446.3, while Chennai-based India Cements gained 9% to Rs 289.9. Kesoram Industries, Mangalam Cemen...
- Adani's open offers for ACC, Ambuja gets modest responseAdani Group’s holding in Ambuja Cement will increase to 63.24% from 63.2%. Its stake along with Ambuja Cement’s holding in ACC will rise to...
- Adani Group open offers for Ambuja Cement and ACC get modest investor responseOut of the 4.9 crore ACC shares that the Adani Group offered to buy, 25.31 lakh shares were tendered as on September 8 - a day before the o...
- Ultratech makes a formal bid for Holcim's India assetsThe JSW Group, which is already present in the sector and the Adani Group which does not have a presence, are also reportedly in the race f...
- Holcim's exit may narrow imbalance in cement market, aid pricing powerAmbuja Cement has a grinding capacity of 31.4 million tonnes per annum (mtpa) and plans to expand to 39.9 mtpa by December 2024. ACC has a ...
- What a Holcim exit would mean for ACC, Ambuja investors & cement sectorHolcim in 2021 announced ‘Strategy 2025’ where it articulated its target to expand Solutions & Products to 30 per cent of group net sales f...
- What will Holcim exit mean for the cement pack? Rakesh Arora answers“Holcim was very slow in expanding its capacities and they were losing market share in the last 10 years. But if a new player comes in, he ...
- Ambuja, ACC on block as Holcim has India rethinkHolcim is believed to have held early-stage negotiations with JSW and Adani Group, among others, to explore their interest levels. Both are...
- Buyers build on cement on rate cut, lower CCI penalty buzzMarket speculation that India’s anti-monopoly watchdog could pass an order steeply reducing penalties on cement companies for alleged carte...
- Buy Ambuja Cement for target of Rs 152: AptartAPTART is of the view that Ambuja Cement has seen a price and volume breakout & has advised traders to buy the stock for target of Rs 152.
- Holcim buys 11% more in ACIL at Rs 589 crSwiss cement giant Holcim has decided to take complete control of Ambuja Cements India (ACIL), the local company through which it controls ...
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