The stock traded at a P/E multiple of 44.68, while the price-to-book value ratio stood at 3.25.

September quarter, which is seasonally weak for the cement sector due to subdued demand, is beset by lower prices this year.

Dealmaking in India's cement sector is in the spotlight again, after a report said Adani Group is in talks to buy the local ...

Analysts of ICICI Securities, also neutral on the sector, have recommended ‘buy’ call on Ambuja Cements. They also project ...

The Adani group is weighing a plan to merge Ambuja Cements Ltd and ACC Ltd that it acquired two years ago into a single ...

Adani Group company Ambuja Cements will lead the proposed buyout of Heidelberg’s India unit and the acquisition could be ...

The German building materials company Heidelberg Materials AG holds a 69.39 per cent stake in its Indian subsidiary, which, ...

Mumbai/IBNS: HeidelbergCement India's share price surged 18 percent on Monday (Oct. 7) following reports that the Adani Group ...

Shares of Heidelberg Cement rose 17% on Monday's trading session. What Happened: The Adani Group is said to be negotiating ...

Ambuja Cements is in talks to acquire Indian operation of Heidelberg at an estimated cost of Rs 10,000 crore for 14 mtpa, ...

Heidelberg currently owns a 69.39 percent stake in the company, which is listed on the Indian stock exchanges. Heidelberg’s ...

The Adani Group has entered discussions to acquire the Indian cement operations of Germany’s Heidelberg Materials, with Ambuja Cements, an Adani Group company, leading the potential buyout, according ...