Adani Group, Ambuja Cements and HeidelbergCement
HeidelbergCement share price jumps 18% on report Adani Group firm Ambuja Cements eyeing ₹10,000-crore buyout
Adani Group company Ambuja Cements will lead the proposed buyout of Heidelberg’s India unit and the acquisition could be worth around $1.2 billion or ₹10,000 crore, a report said.
HeidelbergCement shares surge 18% on reports of Rs 10,000-crore buyout interest from Adani's Ambuja Cements
Mumbai/IBNS: HeidelbergCement India's share price surged 18 percent on Monday (Oct. 7) following reports that the Adani Group is in talks to acquire the company, along with Zuari Cement, from its German parent firm.
Ambuja Cements stock gains 1%, HeidelbergCement India jumps 13% as Adani eyes Rs 10,000-crore buyout
HeidelbergCement India's potential acquisition is expected to significantly boost Ambuja’s production capacity from the current 89 million tonnes, as the Adani group firm targets a capacity of 140 million tonnes by 2028.
Heidelberg Cement shares surge on reports of Adani Group eyeing ₹10,000 crore buyout
The HeidelbergCement India stock was trading 5.05% higher at ₹229.81. The stock is up 22% in the last one year, with its current market capitalisation at about ₹5,200 crore.
HeidelbergCement India stock hits 52-week high amid Adani Group buyout talks
Shares of HeidelbergCement India surged 18 per cent in intra-day trade on Monday amid reports that the Adani Group is in talks to acquire Indian operations of Germany's Heidelberg Materials. The proposed buyout of Heidelberg's India unit will be led by billionaire Gautam Adani-led Ambuja Cements and could be worth around USD 1.
HeidelbergCement zooms 18% on report Ambuja eyeing to buy co's India ops
Ambuja Cements is in talks to acquire Indian operation of Heidelberg at an estimated cost of Rs 10,000 crore for 14 mtpa, reports said
Ambuja Cements rises 1.96% as Sensex climbs
The stock traded at a P/E multiple of 44.68, while the price-to-book value ratio stood at 3.25.
Analysts remain neutral on cement sector amid lacklustre demand
Analysts of ICICI Securities, also neutral on the sector, have recommended ‘buy’ call on Ambuja Cements. They also project ...
Major cement firms compete to acquire HeidelbergCement India's stake
The German building materials company Heidelberg Materials AG holds a 69.39 per cent stake in its Indian subsidiary, which, ...
Outlook Business11d
Ambuja Cements Joins Alliance for Industry Decarbonisation
Ambuja Cements, part of the Adani Group, has joined the Alliance for Industry Decarbonisation to support its goal of ...
Ambuja Cements shares rise 0.14 per cent in Friday's trading session
Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively. Shares of Ambuja Cements Ltd. rose 0.14 per cent ...
World Cement12d
Ambuja becomes the world’s first cement company to join the Alliance for Industry Decarbonisation
Ambuja Cements Limited, part of the diversified Adani Portfolio, has joined the Alliance for Industry Decarbonisation ...
devdiscourse11d
Ambuja Cements Joins Global Alliance for Industry Decarbonization
Ambuja Cements, led by Gautam Adani, has become the first cement manufacturer to join the Alliance for Industry ...
7 student athletes from Ambuja Cements-supported schools in Chandrapur qualify for state-level competition
Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, is committed to nurturing ...
ndtvprofit12d
Ambuja Cements Joins Alliance For Industry Decarbonisation, Sets Ambitious Net Zero Goals
By joining this alliance, Ambuja aims to enhance its sustainability efforts in the hard-to-abate cement industry, it said.
money.rediff11d
Ambuja Cements Joins Alliance for Industry Decarbonization
Ambuja Cements, part of the Adani Group, joins the Alliance for Industry Decarbonization (AFID) to accelerate its Net Zero ...
Mint16h
Ambuja and ACC: Are wedding bells ringing?
The Adani group is weighing a plan to merge Ambuja Cements Ltd and ACC Ltd that it acquired two years ago into a single ...