Ramco Cements Sells Assets, Focus Now on Pricing Recovery
Ramco Cements exceeds asset sale target, reducing debt by ₹1,017 crore. Stock's future growth hinges on cement price recovery and higher capacity utilisation. Read the full analysis.
Ramco Cements exceeds asset sale target, reducing debt by ₹1,017 crore. Stock's future growth hinges on cement price recovery and higher capacity utilisation. Read the full analysis.
Adani Group's merger of ACC, Orient Cement with Ambuja Cements aims to cut costs and raise margins by at least Rs 100 per tonne. Streamlining to unlock operational efficiencies.
Adani Group consolidates ACC and Orient Cement into Ambuja Cements to streamline operations, cut costs, and create a single pan-India cement platform. The move follows a $10 billion acquisition spree.
Ambuja Cements and Orient Cement shares skyrocketed up to 10% after their boards approved a merger. ACC, however, fell 2%. Get the full details on this major cement industry consolidation.
Concord Biotech's block deal, Ambuja Cements' acquisition, Paytm's new CEO, and Groww's funding round are among the top market movers today. Get the full analysis.
Ambuja Cements' board approves the merger of ACC and Orient Cement, creating a cement giant with a 79 MTPA capacity. Read about the strategic move and its impact on the Indian market.
Adani Group's Ambuja Cements board has approved the amalgamation of ACC and Orient Cement, a major consolidation move in India's cement sector. Get the latest corporate news updates.
Telangana High Court reserves order on IAS officer Y Srilakshmi's petition to quash CBI case linked to alleged quid pro quo investments in Jagan Mohan Reddy's firms. Details inside.
Indian stock markets surged on December 4th with Sensex gaining 1,384 points. Discover the top gainers like Hindustan Copper and India Cements, and key factors driving the rally.
ACC's stock declined 10% despite strong Q2 results as investors question its reliance on Ambuja Cement supply agreements rather than integrated capacity expansion. Read analysis.
Nifty 50 validates cup-and-handle breakout with 26,500 target. Expert reveals 3 stocks to buy/sell for short-term gains. Read technical analysis and trading strategies.
Ambuja Cements delivers blockbuster Q2 results with profit nearly tripling to ₹1,388 crore. Revenue jumps 8% as cost optimization and operational efficiency drive spectacular growth.