ACC shares hit 5-month high on robust Q1; jump 15% in 6 sessions
On Monday, ACC shares surged 4.1% to touch an intraday high of ₹2,030 on the BSE, while the market capitalisation increased to ₹37,980 crore.
cement stocks
July 2023
June 2023
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October 2022
September 2022
Cement sector’s M&A streak over for now
UBS believes inorganic proposition is not value accretive given the combination of overcapacity and weak demand
Cement stocks under pressure; CRISIL expects cement prices to dip 1-3% in FY24
Cement prices are expected to fall due to cooling costs and intensifying competition, says CRISIL
Indian cement makers will outperform over next 12-18 months: Moody's
Large investments in roads and infrastructure projects will fuel cement demand, says Moody's.
Cement stocks gain on hopes of GST cut; Ultratech, Ambuja, Orient rise up to 4%
Shares of Ambuja, UltraTech, Orient, JK Cement, India Cements, and HeidelbergCement climbed up to 4% amid hopes of a possible reduction in the GST rate on cement.
Ambuja Cement stock surges on shareholder nod to raise ₹20,000 cr
Company EGM passes resolution to raise ₹20,000 cr by issuing securities on a preferential basis to Adani group’s Harmonia Trade. Gautam Adani, his son Karan Adani also appointed to the Ambuja board.
ACC, Ambuja Cements rise up to 5%; here’s why
Ambuja Cements share price gained 4.64% to hit a new all-time high of ₹457.5 on the BSE, amid open offer by Adani Group, which will close on September 9.
