Friday, November 22, 2024

Tag: Cement

Ambuja Cement in the second quarter at Rs. 501 crore in profit: down 22% YoY; Shares gained 36.84% in one year

Ambuja Cement in the second quarter of the financial year 2024-25 at Rs. 501 crore net profit (net profit alone). It has declined by 22% year-on-year. In the same quarter a...

Ambuja Cement to buy 46.8% stake in Orient Cement: Rs 8,100-crore deal, company to make open offer for 26% stake

​​​​​​​​Adani Group's Ambuja Cements Limited announced today (October 22) that it will invest in Orient Cement Limited (OCL) for Rs. 8,100 crore to buy 46.8% stake. The deal involved OCL's promoters...

Ambuja Cements will buy 46.8% stake of Orient Cement: Deal made for Rs 8,100 crore, company will also bring open offer for 26% stake.

Adani Group's Ambuja Cements Limited today (October 22) announced that it will acquire 46.8% stake in Orient Cement Limited (OCL) for Rs 8,100 crore. This deal will be completed by purchasing...

Ultratech Cement profit falls 36% to ₹820 crore: Q2 revenue down 2.3% to ₹15,634 crore, shares up 30% in last one year

Aditya Birla Group-owned cement major UltraTech reported a 36% year-on-year (YoY) decline in consolidated profit for the second quarter of fiscal 2024-25 at ₹820 crore. The company posted a profit of...

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