cement

Chittorgarh: Facing opposition from a section of the Rajput community over Union Minister Parshottam Rupala's remarks, the BJP in Rajasthan's Rajput-dominated seat Chittorgarh is hopeful that the 'Modi factor' and the development work done by his government will help it. Keep the Lok Sabha...

New Delhi: Shares of Ambuja Cements on Thursday lost all early gains and closed marginally lower amid profit-booking in line with weak trends in equities.During morning trade, shares of the company climbed nearly 4 per cent after billionaire Gautam Adani's family invested an additional Rs...

New Delhi: Shares of Ambuja Cements rose nearly 4 per cent on Thursday after billionaire Gautam Adani's family invested an additional Rs 8,339 crore in the company to help boost the cement maker's manufacturing capacity.The stock jumped 3.88 per cent to Rs 640.95, its 52-week high, on the BSE...

Ahmedabad (Gujarat) [India], The Adani family has made an additional investment of Rs 8,33 crore in Ambuja Cements Limited (Ambuja), a cement and construction materials major under the Adani Group portfolio. The Adani family has fully subscribed to the warrant program. Compan B further invested...

This follows investments of Rs 5,000 crore by the company's promoter on October 18, 2022, and Rs 6,66 crore on March 28 this year, taking the total investment in Ambuja Cements to Rs 20,000 crore after the acquisition.The fund's investment will be instrumental in achieving a capacity addition...

New Delhi: Billionaire Gautam Adani's family invested an additional Rs 8,33 crore in Ambuja Cements, increasing their stake in the company to 70.3 per cent, which will help boost the cement maker's manufacturing capacity.The Adani family had earlier invested Rs 5,000 crore in the company on...

Ahmedabad (Gujarat) [India], April 15 : Adani Group subsidiary Ambuja Cements has signed an agreement to acquire My Home Group's 1.5 MTP (million tonne per annum) cement grinding unit in Tuticorin, Tamil Nadu. The company release said the acquisition is valued at Rs. 413.7 crore and funded from...

The acquisition, funded from internal accruals, takes Adani Group's total cement capacity to 78.9 MTPA, the company said in a statement.The plant is spread over 61 acres of land with a long term fly ash supply agreement for sourcing the raw material.Ajay Kapoor, CEO-Cement Business Adani...

New Delhi, Ambuja Cements on Monday said it will acquire the cement grinding unit of My Home Group in Tuticorin, Tamil Nadu, for a total consideration of Rs 413.75 crore.The company - a part of the Adani Group - has signed a definitive agreement to acquire the cement grinding unit of My Home...

New Delhi: Gautam Adani-led Adani Group, which owns Ambuja Cements and ACC Ltd, is aiming to capture about one-fifth of the Indian cement market by FY28.An investor presentation shared by Ambuja Cements said the Adani Cement business will implement its accelerated capital expenditure program...

New Delhi [India] April 9, : Following the rise in cement prices across India, builders have opined that this trend will weaken the already sluggish demand for affordable homes and also impact retail consumers, large-scale construction projects and infrastructure projects. Last week, cement...