Axis Securities highlighted that the unified structure will optimise the network and branding, potentially leading to a margin improvement of at least Rs 100 per metric tonne.
Shares of Orient Cement climbed 9.85 per cent to hit a high of Rs 180 apiece in early trade. ACC shares fell 0.8 per cent to Rs 1,761.40 apiece. Ambuja Cements added 2 per cent to Rs 550.85 apiece.
Ambuja Cements announced the merger of ACC and Orient Cement with itself via an all share-swap transaction, with no cash consideration involved.
The merger, subject to requisite approvals, is expected to be completed over the next 1 year
JM Financial remains constructive on select heavyweights and mid-caps. "Our top picks are UltraTech in large caps and JK Cement in mid-caps," it said.
On Adani Ports, MOFSL said the Adani group firm has captured higher customer wallet share and built cargo stickiness with the integrated end-to-end offerings
Choice Institutional Equities (CIE) has reiterated its ‘Buy’ rating on Adani Group’s Ambuja Cements and ACC, citing aggressive expansion plans and strong group synergies.
The Adani Group company's consolidated profit after tax (PAT) surged 268 per cent year-on-year (YoY) to Rs 1,766 crore, compared to Rs 480 crore in the same quarter last year.
An Analyst from YES Securities said that GRSE regained momentum in yesterday’s session with the formation of a bullish candle, despite a recent minor pullback for the last two days.
The Adani Group firm's stock slipped 3.2% to Rs 548.80 against the previous close of Rs 566.95 on BSE. Market cap of the firm stood at Rs 1.37 lakh crore.
Ambuja Cements Delivers Strong Q1 FY26 Performance with Record Sales and Profitability. Ambuja Cements has kicked off FY26 with its best-ever quarterly performance, reporting record sales volumes of 18.4 million tonnes—up 20% YoY—boosting its market share to 15.5%. Quarterly revenue crossed the ₹10,000 crore mark, while EBITDA surged 53% YoY to ₹1,961 crore, the highest in the company’s history. EBITDA margin improved to 19.1%, and PAT rose 24% YoY to ₹970 crore. The company remains debt-free, with a strong net worth of ₹66,436 crore. Watch Vinod Bahety, Whole Time Director & CEO, Ambuja Cements On Key Financial Numbers and Future growth plans.
Promo | Episode 4 - India Today @ 50




