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AMBUJA CEMENT: Get the latest AMBUJA CEMENT Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at Equitymaster.com.
GUJARAT AMBUJA: Get the latest GUJARAT AMBUJA Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at Equitymaster.com.
Breaking down the reasons why these stocks rallied 20% today and what to watch out for.
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Global cement majors have been eyeing the Indian cement market for some time now. In their bid to do so, they will be competing with established national players like ACC, Gujarat Ambuja and Grasim. In this article, we will try and compare ACC with two of the biggest names in the international cement industry, Lafarge and Holcim.
Gujarat Ambuja has stated that it will acquire a 51% stake in DLF Cement, a north based cement manufacturer having a capacity of 1.3 million tonnes per annum. The deal is likely to be worth approximately Rs 3.5 bn.