Ambuja Cements News Today

Adani Cements uses the sea route for some transportation at Sanghi Industries and Ambuja Cements. "The plan for sea logistics will mature now, after this acquisition. You will see a much more impactful progression on sea logistics in 6-12 months time," said Vinod Bahety.

Chennai: Amidst reports of Adani Group exploring more acquisitions in the cement sector, ICRA foresees further consolidation in the sector with top five companies cornering 55 per cent share by next...

India Business News: MUMBAI: The Gautam Adani family owned Ambuja Cements is buying Penna Cement Industries in a deal valued at Rs 10,442 crore including debt, expanding i.

Hyderabad: As the Lok Sabha elections started to trickle in, the heat on the Bharatiya Janata Party resulted in a meltdown in stock markets, with the Sensex and the Nifty crashing on the opening bell...

Stock Market Today | BSE Sensex, Nifty50 Live: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in opening trade on Monday to hit

The shares of Adani Group portfolio of companies surged nearly 10 per cent on Friday amid heightened trading activity, as Sensex snapped the losing streak of the last five trading sessions.

Adani Group, rebounding from market losses caused by a US short seller report in early 2023, is now on an "expansion spree," aiming for a USD 90 billion capex over the next decade. Jefferies reports a 40% YoY EBITDA growth, with focus on debt containment and fresh funds. Various Adani companies witnessed significant developments, including acquisitions, power plant commissioning, and renewable energy capacity addition.

Post the Hindenburg report, the group had erased close to USD 150 billion in its market value.

A new Jefferies report has recommended 'Buy' on Adani Enterprises, Adani Ports, Adani Energy Solutions, and Ambuja Cements, as Adani Group clocked an impressive 40 per cent EBITDA growth (YoY) in FY24.The global investment bank and financial ...

Phillip Capital predicts BJP-led NDAs re-election in 2024, dismissing concerns over low voter turnout. The brokerage firm sees three scenarios for Lok Sabha election outcome, all pointing towards NDA retaining power.