Adani Cement explores acquisitions in South and North-East India, aiming to expand capacity to 140 mtpa by 2028.
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 Portfolio's financial performance remains driven by its core infrastructure businesses, which include utilities, ...
The group’s financial performance is largely driven by its core infrastructure businesses, including utilities, transport, ...
Furthermore, the firm in its report added that higher operating costs, especially in newly acquired assets ... the company’s earnings. Ambuja Cement, part of the Adani Group on January 29 ...
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 ...
Aditya Birla Group’s flagship company UltraTech Cement, the biggest ... in the cement industry triggered by Adani group’s $6.6-billion acquisition of Ambuja Cements and ACC Limited in 2022 ...
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, the cement and building materials company of the diversified Adani Group ... The company also gave an update that its acquired assets -- Sanghi, Asian and Penna - are ...
In 2022, it acquired Holcim’s Indian assets, which included its stake in Ambuja Cements and ACC, which made Adani group the country’s second-largest cement producer. In June 2024, Adani ...
“From the March quarter onwards, you will find more and more growth coming from the organic side.” The Adani Group acquired Ambuja Cements and its subsidiary ACC from the Holcim Group is September ...