Ambuja Cements Shares: Check What Global Brokerage Firms Are Saying After Penna Cement Acqusition For Rs 10,442 Cr
Ambuja Cements reported profit after tax (PAT) at Rs 4,738 crore for FY24 -- up by a record-setting 119 per cent (year-on-year) -- and operating EBITDA at Rs 6,400 crore, up by 73 per cent.
Jun 14, 2024, 12:15 PM IST
Adani Family Further Infuses Rs 8,339 Crore In Ambuja Cements, Increases Stake To 70.3%
This follows the investment of Rs 5,000 crore on October 18, 2022, and Rs 6,661 crore on March 28 this year by the promoter of the company, thereby infusing a total amount of Rs 20,000 crore in Ambuja Cements post-acquisition.
Apr 18, 2024, 08:44 AM IST
ACC to consider merger with Ambuja Cements
ACC Ltd, a part of the world's largest cement producer LafargeHolcim, is mulling over a possible merger with promoter group firm Ambuja Cements.
May 05, 2017, 20:38 PM IST
Ambuja Cements Q3 Net falls 36%; CFO Sanjeev Churiwala resigns
Ambuja Cements Wednesday reported 36 percent decline in its standalone net profit at Rs 153.57 crore for the third quarter ended September 30, 2015, due to an additional depreciation charge, among other factors.
Oct 28, 2015, 22:05 PM IST
Nestle pays Ambuja Cements Rs 20 cr to destroy Maggi packets
Ambuja Cements, formerly known as Gujarat Ambuja Cements, is believed to have been paid the amount for burning the recalled packets of Maggi noodles at its cement plant in Chandrapur in Maharashtra.
Jul 07, 2015, 13:00 PM IST
Ambuja to invest Rs 370 cr for development of Gare-Palma-IV/8
The cement maker, in which Swiss building material major Holcim has majority stake, said it expects mining operation in the said block to start in 2018.
Mar 17, 2015, 19:32 PM IST
Ambuja Cements Dec quarter net profit up 4% at Rs 329 cr
Total income of the company rose to Rs 1,404.85 crore during the quarter compared to Rs 2,213.25 crore a year ago.
Feb 18, 2015, 21:22 PM IST
