Mumbai, Feb 3 (IANS) Stocks of the Adani Group companies surged on Tuesday in early trade after the announcement of the India-US trade deal, led by Adani Enterprises Ltd (AEL), which traded near the upper circuit of 10 per cent.Adani Green and Adani Energy also gained more than 7 per cent as the stock market rallied. The gains trickled down to Adani Ports, Adani Power, Ambuja Cements and Adani Total, all of which rose by than 4 per cent.The investor sentiment in Adani Group companies was aided b…
Latest Ambuja Cements News & Updates
Ahmedabad, Jan 30 (IANS) Adani Group’s Ambuja Cements on Friday posted strong results for the October-December quarter (Q3 FY26), with net profit surging 258 per cent year-on-year at Rs 3,781 crore with highest-ever quarterly volume at 18.9 million tonnes, up 17 per cent (on-year).While revenue was up 20 per cent, EBITDA rose 53 per cent at Rs 1,353 crore in the quarter.With net worth at Rs 69,854 crore (up by Rs 361 crore), the cement major remains debt free and continues to maintain highest …
Ahmedabad, Dec 22 (IANS) Ambuja Cements, part of the Adani Group, on Monday said it has received approval for two separate schemes of amalgamation from its Board of Directors — to merge ACC Limited and Orient Cement Limited — thus establishing a single consolidated ‘One Cement Platform’. This consolidation is a major step for Adani Group’s cement business, creating an integrated and stronger entity with greater scale, efficiencies, and financial strength.“This consolidation represent…