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

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 ...

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

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

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 ...

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

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

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

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