Gradual reduction in cost structure and improvement in profitability will be key for Ambuja Cements' stock performance, noted JM Financial.
Adani Group-owned Ambuja Cements Ltd on Wednesday reported a profit ... of Penna and Sanghi is under progress. It said that the acquired assets like Sanghi, Asian and Penna are doing well.
Adani Group firm Ambuja Cements Ltd (ACL) on Wednesday reported a consolidated net profit of `2,620.09 crore for the third quarter ended December 2024. The company had reported a net profit of `1,090.
The company is planning to increase this capacity to 200mt by 2026-27. Its rival Ambuja Cements which now belongs to the Adani group had acquired Saurashtra-based Sanghi Industries, Penna Industries ...
The key question now is when will UltraTech’s 8.69% stake in Star Cement evolve into a larger play in the Northeast market.
Ambuja Cements reports a consolidated net profit of Rs 2,620.09 crore for Q3 FY25, driven by strong sales volume and ...
“The company is currently focusing on various cost-reduction initiatives as it navigates through the transition phase of its newly acquired ... Ambuja Cement, part of the Adani Group on January ...
(MENAFN- IANS) Ahmedabad, Jan 29 (IANS) Ambuja Cements ... merger between Adani Cementation and Ambuja Cements had received approval from the board in June 2024. Ambuja Cement acquired Orient ...
Ever since the Gautam Adani-led Adani Group acquired cement companies ACC and Ambuja Cements from Swiss cement major Holcim in 2022 for $10.5 billion, there has been a string of acquisitions.
Ambuja Cements Limited, a part of the diversified Adani Group, is among Indias leading ... In 2006, Global Cement Major Holcim acquired management control of the company.The company commenced ...
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