Sun, Nov 03, 2024
Major cement manufacturers reported a decline in margins in the September quarter, mainly on account of lower prices, leading to lower sales realisation.
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Mon, Sep 30, 2024
The brokerage suggests buying PSU stock Power Grid for a target of Rs 425 each. This means the stock can provide up to 20 per cent returns from its last closing price of Rs 354.2.
Thu, Jun 27, 2024
As per Golman Sachs, general elections and severe summer temperatures impacted construction activity in Q1, and thus, expects volumes to be flat in the April to June quarter.
Wed, Jun 26, 2024
Cement Stocks: Sanghi Industries offer for sale (OFS) opened for non-retail investors today (Wednesday) and for retail investors, it will open on Thursday. In the OFS, Sanghi Industries' promoter Ambuja Cement and Ravi Sanghi would sell their 3.52 per cent stake. The floor price has been fixed at Rs 90 per share, which is over 12 per cent discount from CMP of Rs 102.
Fri, Jun 14, 2024
Chunav Aur Bazaar: Old policy is expected to continue in the new government, auto stocks will get support due to normal monsoon: Harsha Upadhyaya, CIO-Equity, Kotak Mahindra AMC
Which shares will be in focus today including Vodafone Idea, Ambuja Cement, Puravankara, Interglobe aviation? On the basis of which news there will be action in the market? What are the important triggers for the market? Know here in Stock In News.
Wed, Mar 27, 2024
T+0 settlement will enable same-day settlement of trade as the transaction occurs, thus transitioning from the conventional T+2 settlement cycle.
Mon, Dec 18, 2023
"In a monumental stride towards a greener future, the company has committed a significant investment of Rs 6,000 crore in renewable power projects, targeting a capacity of 1,000 MW," the filing read.
Tue, Dec 05, 2023
Earlier in August this year, Ambuja Cements Ltd (ACL) had offered a price of Rs 114.22 apiece for acquiring 26 per cent equity shares of Rs 10 each of Sanghi Industries from its public shareholders.
Wed, Nov 01, 2023
Ambuja Cements Q2 results: The company, now part of the Adani Group, had clocked a net profit of Rs 51.30 crore in the July-September quarter a year ago, according to a regulatory filing by Ambuja Cements.
Mon, Aug 28, 2023
According to Nirmal Bang Securities, at 93 million tonnes (MT), cement volumes in the June quarter increased by 14 per cent YoY. The overall volume was up by 10 per cent YoY at 380 MT in FY23, the brokerage notes.
Thu, Aug 03, 2023
Ambuja Cements, part of the Adani Group, will buy a 56.74 per cent stake in Sanghi Industries Ltd (SIL) from its existing promoter group Ravi Sanghi & family.
SIL's Sanghipuram unit is India's largest single-location cement and clinker unit by capacity, with a captive jetty and captive power plant.
Wed, Aug 02, 2023
Ambuja Cements Q1 Results: Ambuja Cements on Wednesday reported an increase of 31.2 per cent in consolidated net profit at Rs 1,135.46 crore for the quarter ended on June 30, 2023, led by volume growth and reduction in operating cost.
Wed, May 03, 2023
How are the results of Tata Steel and Ambuja Cement? What to do in Tata Steel and Ambuja Cement stocks? Know the analysis of the results of Tata Steel and Ambuja Cement from Anil Singhvi.
Tue, May 02, 2023
Ambuja Cements declared its net income as Rs 4,430.28 crore for the January-March quarter. It was up from Rs 3.958.79 crore in the corresponding quarter of the last year.
Ambuja Cements dividend: Ambuja Cements on Tuesday announced a final dividend of Rs 2.50 per equity share of face value of Rs 2 for the financial year ended March 31 to its shareholders.
Wed, Mar 22, 2023
Stocks to buy today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Sumeet Bagadia, Kunal Saraogi, and Ambareesh Baliga share their top recommendations for the March 22 session.
Fri, Feb 10, 2023
Gautam Adani-led Adani Group has hired US-based law firm Wachtell to fight against allegations recently leveled against the conglomerate by short-seller Hindenburg Research, news agency ANI reported citing a Financial Times report.
Fri, Feb 03, 2023
Adani Enterprises share price: The development assumes significance as it comes in the backdrop of massive rout in the market valuation of the company following a report by New York-based short seller firm Hindenburg. The group's cumulative rout stands at $108 billion in a week -- one of the biggest wipeouts in India's history.
Thu, Dec 29, 2022
2022 attracted more than Rs 12.5 lakh crore through M&A deals as compared to Rs 9 lakh crore in 2021, Rs 5 lakh crore in 2019 and Rs 8 lakh crore in 2018, Jainkunia said.
Tue, Dec 20, 2022
Why Rahul Sharma suggests to buy Ambuja Cement on Technical Charts? Watch this video for more details.
Wed, Oct 12, 2022
Given a well laid out organic growth roadmap and relatively cheaper valuations, CLSA prefers UltraTech over Ambuja as it gives Outperform rating to the former and Sell stance to the latter.
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