Tag: ambuja cement shares

Adani-run Ambuja Cement evaluates deal to acquire Star Cement for expansion in NE – CNBC TV18

[ad_1] Adani Group unit Ambuja Cement is in talks to acquire Star Cement as a part of its expansion strategy, according to sources. The details of the transaction is yet to be known, but it is learnt that the group has appointed consultancy firm EY for evaluating the deal. Company Value Change %Change Adani Cement […]

Ambuja Cements surprises Street with Q2 volumes but brokerages remain divided – CNBC TV18

[ad_1] Ambuja Cements delivered sales volumes much higher than expected whereas costs were lower alongside some synergy benefits in the July to September 2024 quarter. Brokerages, however, continue to have varying stances on the company and the targets on its stock price. The cement maker witnessed a dip in profit, EBITDA, and margin, but the […]

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