Business Standard

Acc Cement

How has Adani group charted its success over three decades?

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

How has Adani group charted its success over three decades?
Updated On : 31 Jan 2023 | 5:48 PM IST

Is Ambuja Cement & ACC merger on the cards after Adani's Holcim deal?

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

Is Ambuja Cement & ACC merger on the cards after Adani's Holcim deal?
Updated On : 22 Nov 2022 | 8:31 PM IST

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6

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

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6
Updated On : 24 May 2022 | 2:20 AM IST

Adani group firms' gross debt rises to Rs 2.2 trillion, shows data

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

Adani group firms' gross debt rises to Rs 2.2 trillion, shows data
Updated On : 18 May 2022 | 1:34 PM IST

Adani-Holcim deal: LIC may exit Ambuja Cements, ACC via open offer

Insurer owns shares aggregating Rs 7,000 crore

Adani-Holcim deal: LIC may exit Ambuja Cements, ACC via open offer
Updated On : 18 May 2022 | 6:10 AM IST

After $10.5-bn deal, Adani makes open offer for Ambuja and ACC stake

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

After $10.5-bn deal, Adani makes open offer for Ambuja and ACC stake
Updated On : 16 May 2022 | 11:26 PM IST

Adani offers to buy 26% of Ambuja Cements, ACC from open market

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

Adani offers to buy 26% of Ambuja Cements, ACC from open market
Updated On : 16 May 2022 | 8:23 PM IST

Adani group wins race to buy Ambuja Cements, ACC for $10.5 bn from Holcim

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

Adani group wins race to buy Ambuja Cements, ACC for $10.5 bn from Holcim
Updated On : 16 May 2022 | 12:47 PM IST

Holcim deal: Charts indicate up to 14% upside for ACC, Ambuja, Adani Ent

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

Holcim deal: Charts indicate up to 14% upside for ACC, Ambuja, Adani Ent
Updated On : 16 May 2022 | 12:17 PM IST

Slowdown, earnings pressure are temporary: Dalmia Cement (Bharat) MD & CEO

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

Slowdown, earnings pressure are temporary: Dalmia Cement (Bharat) MD & CEO
Updated On : 14 May 2022 | 6:03 AM IST

Why are top Indian companies vying for Holcim's India assets Ambuja and ACC

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?

Why are top Indian companies vying for Holcim's India assets Ambuja and ACC
Updated On : 12 May 2022 | 7:00 AM IST

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements

JSW Group Chairman offers $7 billion for cement firm

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements
Updated On : 11 May 2022 | 1:15 AM IST

JSW Group to make $7 bn bid for Holcim's India cement business: Report

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

JSW Group to make $7 bn bid for Holcim's India cement business: Report
Updated On : 10 May 2022 | 7:23 AM IST

ACC, Ambuja Cement, Grasim: Trading strategies for cement stocks

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.

ACC, Ambuja Cement, Grasim: Trading strategies for cement stocks
Updated On : 21 Apr 2022 | 12:23 PM IST

ACC Q1 net profit dips 29.5% to Rs 396 cr, revenue rises 3% to Rs 4,426 cr

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

ACC Q1 net profit dips 29.5% to Rs 396 cr, revenue rises 3% to Rs 4,426 cr
Updated On : 19 Apr 2022 | 7:38 PM IST

Over half of Nifty500 stocks trade above 200-DMA; analysts see more upside

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

Over half of Nifty500 stocks trade above 200-DMA; analysts see more upside
Updated On : 05 Apr 2022 | 10:25 PM IST

Analysts say cement stocks now attractive; price hikes to ease margin woes

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

Analysts say cement stocks now attractive; price hikes to ease margin woes
Updated On : 23 Mar 2022 | 11:51 PM IST

Sensex gains 657 pts, Nifty tops 17,450; Maruti rises 4%, Adani Wilmar 20%

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.

Sensex gains 657 pts, Nifty tops 17,450; Maruti rises 4%, Adani Wilmar 20%
Updated On : 09 Feb 2022 | 3:46 PM IST

India Cement, ACC: Breakout in cement stocks signal up to 11% rise

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

India Cement, ACC: Breakout in cement stocks signal up to 11% rise
Updated On : 06 Jan 2022 | 12:11 PM IST

ACC, Grasim: Cement stocks have more steam left in the short-term

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

ACC, Grasim: Cement stocks have more steam left in the short-term
Updated On : 16 Nov 2021 | 11:49 AM IST