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The Economic Times

Share price of Ambuja Cements falls as Nifty strengthens

A total of 6,671 shares changed hands on the counter till 11:25AM (IST).

The Economic Times

Ambuja Cements shares drop 0.14% as Sensex falls

The stock quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 404.0.

The Economic Times

Adani Energy was among top buys for mutual funds in August, ACC top reduction by this MF

Mutual funds bought 1.6 crore shares of Adani Energy Solutions in August, valued at Rs 1,330 crore. Other Adani Group stocks like APSEZ, Ambuja Cements, and ACC also saw mutual fund interest. SBI Mutual Fund was a major buyer of Adani Energy, acquiring 73.73 lakh shares. Tata MF and Nippon MF also purchased Adani Energy shares.

Mint

Ambuja Cements share price stays in green even as it faces double blow with customs penalty and CMO arrest

Ambuja Cements, a major player in India's cement industry, is facing a perfect storm of challenges. The company has been hit with a significant customs penalty and its Chief Manufacturing Officer has been arrested on bribery charges.

The Economic Times

Ambuja Cements stock price up 0.74 per cent as Sensex slides

As of 30-Jun-2024, promoters held 0.0 per cent stake in the company, while FIIs held 9.58 per cent and domestic institutional investors had 5.53 per cent.

The Economic Times

Ambuja Cements shares gain 0.44% as Sensex rises

The stock quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 404.0.

The Economic Times

Buy Ambuja Cements, target price Rs 801: ICICI Securities

Ambuja Cements Ltd. key Products/Revenue Segments include Cement, Other Operating Revenue and Scrap for the year ending 31-Dec-2021.

The Economic Times

Ambuja Cements shares gain 0.24% as Sensex rises

A total of 16,875 shares changed hands on the counter till 11:26AM (IST)

The Economic Times

Ambuja Cements shares drop 0.23% as Sensex rises

A total of 48,244 shares changed hands on the counter till 01:41PM (IST)

The Economic Times

Share price of Ambuja Cements falls as Sensex drops 1022.48 points

Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 9.58 per cent and 5.53 per cent, respectively.

The Economic Times

Ambuja Cements shares up 1.14% as Nifty falls

The stock quoted a 52-week high price of Rs 706.85 and low of Rs 404.0.

The Economic Times

Share price of Ambuja Cements rises as Nifty strengthens

A total of 55,369 shares changed hands on the counter till 11:26AM (IST).

The Economic Times

Ambuja Cements share price up 0.99 per cent

A total of 77,774 shares changed hands on the counter till 12:49PM (IST).

The Economic Times

Share price of Ambuja Cements falls as Nifty strengthens

A total of 59,565 shares changed hands on the counter till 12:38PM (IST).

The Economic Times

Ambuja Cements declines 1.02% as Sensex climbs

The stock traded at a P/E multiple of 46.6, while the price-to-book value ratio stood at 3.25.

Business Standard

Adani family to sell around 3% stake in Ambuja Cements on Friday

Move part of portfolio management, induct long-term investors

The Economic Times

Adani Group to sell shares worth Rs 4,200 crore in Ambuja Cement on Friday

The Adani Group plans to sell a 2.84% stake in Ambuja Cements through a block deal, aiming to raise Rs 4,200 crore. Holderind Investments, an Adani Group entity, will sell nearly 70 million shares at Rs 600 per share, a 5% discount to the recent closing price.

Hindustan Times

Adani Group looking to sell up to 5% stake in Adani Power, Ambuja Cements: Report

Promoters of Adani Group are looking to sell 5 per cent stake in Adani Power and Ambuja Cements each, the report claimed.

The Economic Times

Ambuja Cements shares gain 1.31% as Sensex rises

A total of 54,857 shares changed hands on the counter till 02:05PM (IST)

Business Standard

Major cement companies report volume growth in Q1, revenue remains muted

Leading cement manufacturers reported single-digit volume growth in the June quarter, though their topline was muted on account of the continued downtrend in the price. Listed manufacturers such as UltraTech, Ambuja Cements, ACC, Shree Cements, and Dalmia Bharat - in their latest quarter earnings reported gains in volumes, ranging from 3 to 9 per cent and increase in capacity utilisation. However, soft cement prices have put their topline under pressure in the April-June period. Besides, raw material costs went up marginally due to an increase in the cost of fly ash and slag. The all-India average cement price was at around Rs 348 per 50 kg bag in June 2024, down around 3 per cent year-on-year. However, this was higher when compared to Rs 335 per bag in May 2024. For the first two months of FY25, the average cement price was at Rs 340 per bag, down 8 per cent YoY. In FY24, the average price was Rs 365 per bag and Rs 375 per bag in FY23, according to the report. Moreover, intense .

The Economic Times

Major cement companies report volume growth in June qtr, revenue remains muted due to lower price

Major cement companies in India reported slight volume growth in the June quarter amid falling prices and higher raw material costs. UltraTech, Ambuja Cements, and ACC saw increased sales and capacity utilization. Nonetheless, overall revenue growth was limited, and construction activities slowed due to intense heatwaves and elections, hurting profits.

The Economic Times

Ambuja Cements shares rise 1.37% as Nifty gains

The stock quoted a 52-week high price of Rs 706.85 and a 52-week low of Rs 404.0.

The Economic Times

F&O stocks: Hindustan Aeronautics, Godrej Properties among 5 stocks with short buildup

Stocks witness significant short positions as traders bet on price drops. RBL Bank, Godrej Properties and Ambuja Cements see open interest rise amidst price declines.

Business Line

Adani Group Stock Price Updates: Hindenburg receives show-cause notice from SEBI

Adani Group Share Price/ Stock Updates 2 July 2024: Adani Group stocks such as Adani Enterprises, Adani Power, ATGL, AWL, Adani Ports and Ambuja Cements are in focus

The Economic Times

Ambuja Cements board approves merger of Adani Cementation with company

ACL has acquired land to set up 2.5 MTPA (million tonnes per annum) along with captive jetty at Amba River, Raigad (Maharashtra). Besides, it has commissioned 1.30 MTPA cement grinding capacity at Dahej, Gujarat in July 2023, where expansion is in progress for another 1.20 MTPA.

The Economic Times

A war of titans builds up in India's cement sector

The UltraTech-India Cements deal comes two weeks after Adani Group unit Ambuja Cement announced acquisition of Hyderabad-based Penna Cement at an enterprise value of Rs 10,422 crore, adding to its capacity and market share in southern India.

The Economic Times

Adani group firm Ambuja Cement bags 24 limestone mines in FY24

Ambuja Cements, a subsidiary of the Adani group, has won 24 bids for new limestone mines with a total resource of 587 million tonnes. The company aims to have a capacity of 140 million tonnes per annum by 2028, with sufficient cash to achieve this through brownfield expansion and acquisitions. The company recently acquired Hyderabad-based Penna Cement, adding 14 MTPA to its capacity to 89 MTPA.

The Economic Times

Ambuja Cements, Bajaj Auto among 5 stocks with long unwinding

In Tuesday's trading session, five stocks witnessed a long unwinding.

Business Line

Ambuja Cements continues with southward March

Ambuja Cements acquires 14 MTPA capacity in Penna Cements deal