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2026-06-23 10:45:43 am | Source: Accord Fintech
Ambuja Cements inches up on joining hands with Leilac to develop commercial-scale low-carbon cement
Ambuja Cements inches up on joining hands with Leilac to develop commercial-scale low-carbon cement

Ambuja Cements is currently trading at Rs. 428.65, up by 0.80 points or 0.19% from its previous closing of Rs. 427.85 on the BSE.

The scrip opened at Rs. 428.45 and has touched a high and low of Rs. 429.75 and Rs. 426.30 respectively. So far 9569 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 625.00 on 22-Jul-2025 and a 52 week low of Rs. 394.00 on 23-Mar-2026.

Last one week high and low of the scrip stood at Rs. 433.95 and Rs. 421.90 respectively. The current market cap of the company is Rs. 106474.42 crore.

The promoters holding in the company stood at 67.68%, while Institutions and Non-Institutions held 25.94% and 6.37% respectively.

Ambuja Cements has partnered with Leilac to develop one of the world’s largest commercial-scale pathway for low-carbon cement production at Sanghipuram, Gujarat’s Kutch district. Leilac is a UK -headquartered clean technology company specialising in carbon capture and electrification solutions for emissions-intensive industries, including cement and lime manufacturing. This partnership plays an important role in the company’s broader decarbonisation strategy and supports its SBTi-validated net zero target for 2050. 

As the company advances the electrification of cement manufacturing to increase the use of renewable energy, backed by nearly 1 GW of captive green power, it is laying the groundwork to scale breakthrough solutions such as carbon capture. This collaboration is expected to improve the economics of carbon capture, strengthening the business case for large-scale deployment of carbon capture and utilisation.

The commercial demonstration project at the company’s 6.6 MTPA Sanghi plant in Sanghipuram, Kutch, will evaluate the integration of Leilac's carbon capture and hybrid electric heating technology to support lower-emission cement production through greater use of renewable electricity and the capture of unavoidable process carbon dioxide. The technology is designed to enable a pathway where coal consumption can be reduced to zero, while allowing alternate fuels to be used flexibly. The project, positioned as the largest industrial - scale plant of its kind globally, could be scaled up by 7x to 8x to capture more than one million tonnes of carbon dioxide annually, helping establish a scalable pathway for low-carbon cement production in India and beyond.

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