ACC Cement

The last two years have been eventful for Gautam Adani, when his wealth grew from $8.9 bn to $105 bn. Last week, he clinched a deal to acquire Ambuja and ACC cements. Let's track his growth story

Shares of ACC and Ambuja Cements soared up to 4% in yesterday's trade after the Holcim Adani deal. Analysts believe the Adani Group may merge both these entities over the medium term. Find out more

The acquisition will make the Adani family the second biggest cement maker in India after Ultratech

This makes the Adani group one of the most indebted among India's top business groups

Insurer owns shares aggregating Rs 7,000 crore

On a combined basis, this would be among the largest open offers in the history of India's capital markets

Billionaire Gautam Adani is buying Switzerland-based Holcim AG's cement businesses in India for $10.5 billion

Group outbids Ultratech and JSW group to enter the industry and also emerge as the country's second-largest cement manufacturer

Adani Enterprises can rally up to 14 per cent; whereas ACC, and Ambuja Cements can gain another 10 per cent each, indicate charts

'Large cement plants in India on an average use 30-40 per cent less energy per tonne of cement than the world average'

The race is on to acquire Ambuja Cements and ACC. Why do India's leading firms want to buy Holcim's stake? And why did the Swiss company decide to quit India which contributes 27% of its global sales?

JSW Group Chairman offers $7 billion for cement firm

The move comes as Switzerland's Holcim tries to diversify away from its core business of cement and aggregates to focus more on building technology amid increased emphasis on sustainability

Ambuja Cement is exhibits a positive bias, and is likely to further gains on follow-up buying; whereas other cement stocks need to overcome major hurdles.

The company, which follows the January-December financial year cycle, had posted a profit of Rs 562.59 crore in the same period a year ago, said ACC

Nifty 50 is back to 18,000, still half of Nifty 500 stocks trade below 200-DMA

Analysts believe current input cost headwinds are transitory as likely price hikes by companies will help aid margin pressures.

Stock market LIVE: Sectorally, Nifty Auto index was the top performer now, up 1.5 per cent, followed by Nifty Private Bank, and IT indices. PSU index was the sole loser, down 0.8 per cent.

Ambuja Cements and India Cements charts indicate breakout of 'Inverse Head and Shoulder' pattern, thus a bullish trend ahead.

All the major cement stocks are gearing up for next upside, check the near term support and likely targets here