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Adani group company Ambuja Cements acquires Sanghi Industries at enterprise value of ₹5,000 crore Shares rise

Adani Group s Ambuja Cements announced on Thursday of acquiring Sanghi Industries for ₹5,000 crore, strengthening its market presence and cement capacity

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Ambuja Cements share price: Ambuja Cements acquires majority stake in Sanghi Industries at enterprise value of Rs 5,000 cr

The acquisition will be fully funded through internal accruals, said a statement from Ambuja Cements. Besides, it would make an offer to acquire another 26% or 6.71 crore equity shares from SIL s public shareholders

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Adani-owned Ambuja Cements consolidated PAT in March quarter falls 11% to Rs 763 cr

Ambuja Cements has recommended a final dividend payment of Rs 2.50 per equity share.

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Ambuja Cements, Just Dial, Indian Hotels & Cipla: Here s what analysts said on these 4 stocks

Just Dial has ramped up its sales force, making employee expenses front-ended and leading to lower margins. This will improve as the workforce matures, Nuvama said

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