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

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, ...

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

India: Adani Group is considering a merger of Ambuja Cements and ACC into a single entity, Adani Cement, by 2028. Mint News has reported that the group, which began integrating the operations of the ...

The brokerage continues to stay neutral on the sector and prefer Ambuja Cement as an investment idea for its coverage.

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

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

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

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

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