Adani Family Further Infuses Rs 8,339 Crore In Ambuja Cements, Increases Stake To 70.3% | Companies News

Ahmedabad: The Adani Family on Wednesday said it has fully subscribed to the warrants programme in Ambuja Cements by further infusing Rs 8,339 crore, increasing its stake in the building material company to 70.3 per cent. This follows the investment of Rs 5,000 crore on October 18, 2022, and Rs 6,661 crore on March 28 […]

ABHISEK RAJPUT

April 18, 2024

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Ambuja Cements Shares: Check What Global Brokerage Firms Are Saying After Penna Cement Acqusition For Rs 10,442 Cr | Markets News

Mumbai: Leading global brokerage firms have gone bullish on the Adani Group’s Ambuja Cements after it announced to acquire Hyderabad-based Penna Cement for Rs 10,442 crore. Jefferies has a ‘buy’ rating on the Ambuja Cements shares, giving it a target price of Rs 735 per share. The stock of Ambuja Cements went up more than […]

ABHISEK RAJPUT

June 14, 2024

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