Page 3 of ACC

The Adani Group, helmed by billionaire Gautam Adani, made offers of Rs 385 a share for Ambuja Cements and Rs 2,300 a share for ACC, it had said in two separate regulatory updates.

ACC, Ambuja open offers likely from July 6-19

The open offer dates, which are subject to regulatory approvals including that of Sebi, is as per a tentative schedule.…

May 24, 2022 01:00 IST

MNCs continue to exit India as the country markets mature

Switzerland-based Holcim Group is the latest to join the bandwagon of multinational companies (MNCs) quitting India due to macro-economic and…

May 20, 2022 00:30 IST

The open offer pricing is at a 7% premium to Ambuja and 9% to ACC Friday’s closing price. This entails additional investment of Rs 31,100 crore at 100% successful open offer, IDBI Capital said in a note.

Adani family makes open offer for Ambuja Cements, ACC stakes

The Adani Group, helmed by billionaire Gautam Adani, has made offers of Rs 385 a share for Ambuja Cements and…

May 17, 2022 02:30 IST

This is because there is no capital taken out of the country, while Holcim has also not provided assurance of any indemnities or warranties. Further, all liabilities arising out of ongoing litigations would have to be dealt by the new owners, he said.

No capital gains or any other tax for Adani deal: Holcim CEO Jan Jenisch

Mauritius-based Holderind Investments, which holds a 63% stake in Ambuja Cements, can claim exemption from capital gains tax under the…

May 17, 2022 00:30 IST

Ambuja Cements, ACC share prices jump on Adani Group-Holcim mega deal; here’s what investors should do

ACC share price soared over 8 per cent to Rs 2,288.15 apiece, and Ambuja Cements stock price rose more than…

May 16, 2022 12:15 IST

Six key details of Adani’s acquisition of Ambuja, ACC from Holcim: A fact sheet on India’s largest cement deal

On one hand the deal, which is the largest acquisition for the conglomerate, will make Adani Group the second largest…

Updated: May 16, 2022 12:27 IST

Adani Group initiates talks to acquire ACC, Ambuja Cement

The Adani Group, which does not have a presence in the cement sector, is believed to be exploring the sector.…

April 27, 2022 04:15 IST

Stocks to buy: Charts suggest upside for ACC, Maruti Suzuki shares, Nifty support at 16650

The immediate support for the Nifty is placed near its 50 WEMA which is placed at 16650 levels and the…

April 25, 2022 08:18 IST

In the wake of sharp price hikes across regions – to pass on industry-wide impact of surging fuel prices – we see limited risk to earnings.

ACC rating – Buy: Muted show in Q1CY22 along expected lines

Stock a likely outperformer given Holcim stake sale buzz and undemanding valuations; ‘Buy’ retained

April 23, 2022 02:30 IST

ACC Q1 profit falls 30% to Rs 396 crore on impact of rising fuel costs

ACC, a subsidiary of Switzerland-based building materials conglomerate Holcim, follows a January-December financial year.

April 20, 2022 05:30 IST

ACC Q1 net profit declines 29.5% to Rs 396.33 crore

The company, which follows the January-December financial year, had posted a profit of Rs 562.59 crore a year ago, ACC…

April 19, 2022 19:38 IST

Stay Outperform on Ambuja (TP Rs 410) on strong long-term demand outlook, pricing discipline, with commodities pullback driving profitability and attractive valuations.

Ambuja Cements rating – Outperform: Any merger with ACC will be a positive

It would enhance liquidity and float for firm; valuations are attractive; ‘Outperform’ retained with TP of Rs 410

April 16, 2022 01:34 IST

Ambuja Cements medium-term demand outlook strong; Jefferies says ‘buy’, stock may rally 22%

Ambuja Cements expects industry demand growth for CY22 to be in line with GDP growth for the country, however, demand…

March 16, 2022 13:16 IST

Dilemma over price hike: Poor demand adds to pain of cement companies hit by high input costs

Margins of top Indian cement manufacturers – including ACC, Gujarat Ambuja and UltraTech – recorded a 6-8% fall in December…

March 10, 2022 08:23 IST

Banking, housing cycle shares to buy: Jefferies says these stocks may gain from massive 6-way economic upcycle

ICICI Bank, State Bank of India, and Housing Development Finance Corporation (HDFC) are some of the stocks that may benefit…

Updated: October 19, 2021 15:38 IST

Nuvoco Vistas listing day strategy: Dull debut expected after CarTrade loss; should you buy, sell or hold?

The Indian stock market will see the listing of Nuvoco Vistas on Monday, 23 August, followed by Aptus Value Housing…

August 20, 2021 15:37 IST

Nuvoco Vistas IPO share allotment: Check status via BSE, Link Intime; grey market premium, listing on Aug 23

Nirma group cement company Nuvoco Vistas Corporation Ltd, whose IPO got 1.71 times subscription, is likely to finalise the basis…

August 17, 2021 13:37 IST

RIL, Just Dial, HDFC Bank, HCL Tech, GR Infra, Clean Science and Technology, Bharti Airtel stocks in focus

Nifty futures tumbled 220 points or 1.38 per cent to 15,716.50 on Singaporean Exchange, indicating a gap-down start for BSE…

July 19, 2021 08:04 IST

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