India's Adani Group has pledged shares worth about $12.5 billion in two cement units, days after the conglomerate controlled by billionaire Gautam Adani complet..
Shares of Ambuja Cements rose nearly 10% to an all-time high on Monday after Indian billionaire Gautam Adani took over as chairman of the company, following Adani Group..
The Adani Family, through Endeavour Trade and Investment Ltd, a special purpose vehicle, has successfully completed the acquisition of Ambuja Cements Ltd and ACC Ltd.
ACC is currently trading at Rs. 2289.10, up by 0.70 points or 0.03% from its previous closing of Rs. 2288.40 on the BSE.
The scrip opened at Rs. 2292.15 and has touche..
Margin pressure continues; awaiting Adani’s move
ACC reported below estimate EBITDA of Rs4.2bn..
Revenue in?line; Energy cost dents margin
ACC Ltd (ACC) reported weak operating performance with EBITDA margin declining to 9.5% v/s YSEC est. of 14..
ACC is currently trading at Rs. 2139.00, up by 13.25 points or 0.62% from its previous closing of Rs. 2125.75 on the BSE.
The scrip opened at Rs. 2125.00 and has touch..
ACC is currently trading at Rs. 2130.20, up by 13.90 points or 0.66% from its previous closing of Rs. 2116.30 on the BSE.
The scrip opened at Rs. 2111.25 and has touch..
Elecon Engineering Company Limited
• On the weekly chart, the stock has witnessed “rounding bottom” breakout around 220 levels and sustaining above th..
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• On 15th May 2022, Holcim Ltd. (promoter company of Ambuja Cements Ltd. and ACC Ltd.) has signed a binding agreement with the Adani Group for selling its business i..
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