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Ambuja Cements is currently trading at Rs. 348.30, up by 3.70 points or 1.07% from its previous closing of Rs. 344.60 on the BSE.

The scrip opened at Rs. 352.00 and has touched a high and low of Rs. 354.25 and Rs. 346.35 respectively. So far 301998 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 598.15 on 09-Dec-2022 and a 52 week low of Rs. 274.00 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 368.15 and Rs. 325.10 respectively. The current market cap of the company is Rs. 69894.71 crore.

The promoters holding in the company stood at 63.22%, while Institutions and Non-Institutions held 27.63% and 9.14% respectively.

Ambuja Cements has been declared as the ‘Preferred bidder’ for the Uskalvagu limestone block in an e-auction conducted by the Government of Odisha. The block is situated in Malkangiri District, Odisha over an area of around 547 Hectare with estimated limestone resource of around 141 million tonnes having average CaO content of 43.74%. The company shall get the statutory licenses and permits related to mining operations to be declared a ‘successful bidder’ and subsequently enter into a ‘Mine Development and Production Agreement (MDPA)’ with Government of Odisha to commence the mining operation.

Ambuja Cements, part of the Adani Group, is among India's leading cement companies. Ambuja, with its subsidiary ACC. has a capacity of 67.5 million tonnes with fourteen integrated cement manufacturing plants and sixteen cement grinding units across the country. Ambuja Cements is pleased to have been a part of this process and looks forward to this valuable partnership with the Government of Odisha in the overall development of the state.

Ambuja Cements is engaged in manufacturing and marketing of cement and clinker for both domestic and export markets.