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Ambuja Cements Limited (AMBUJACEM.BO)

BSE - BSE Real-time price. Currency in INR
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635.45-10.60 (-1.64%)
At close: 03:29PM IST
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Previous close646.05
Open646.25
Bid634.75 x 0
Ask635.65 x 0
Day's range627.35 - 656.15
52-week range404.00 - 656.15
Volume141,886
Avg. volume117,637
Market cap1.565T
Beta (5Y monthly)0.12
PE ratio (TTM)38.17
EPS (TTM)16.65
Earnings date15 Jul 2024 - 19 Jul 2024
Forward dividend & yield2.00 (0.31%)
Ex-dividend date13 Jun 2024
1y target est234.20
  • Reuters

    India's Ambuja Cements to invest $723 million for green power production

    BENGALURU (Reuters) -Indian construction materials maker Ambuja Cements will invest 60 billion rupees (nearly $723 million) in renewable power projects, the company said on Monday. The Adani Group-owned company added that the capacity from solar power and wind power projects will be achieved by fiscal 2026, and add to its existing capacity of 84 MW. These projects will increase the company's total green power capacity to 60% from the existing 19%, it said.

  • Reuters

    India's Adani gets $3.5 billion loan to refinance cement expansion debt

    BENGALURU (Reuters) -The cement business of Indian billionaire Gautam Adani's flagship group said on Friday it had secured a new $3.5 billion loan to refinance debt it had taken to buy ACC Ltd and Ambuja Cements last year. The refinancing of the loan was concluded with 10 international banks including DBS, First Abu Dhabi Bank and Mizuho Bank for a tenor of 3 years, the group said in a statement, adding that it would save Adani Cement about $300 million in costs. Adani Group entered the cement sector last year with a $10.5 billion deal to buy Ambuja and ACC from Swiss giant Holcim.

  • Reuters

    India's Sanghi Industries hits 5-yr high on report Adani-owned Ambuja to buy stake

    Shares of cement maker Sanghi Industries rose as much as 5% to a more than five-year high on Wednesday on news that Adani-owned Ambuja Cements had reached a deal to buy a majority stake in the company's operations. The deal by Ambuja is likely to be announced on Wednesday, two sources with direct knowledge of the matter told Reuters. The Economic Times reported last week that Adani was among those leading the race to acquire Sanghi Cement.