Ambuja Cements to invest $723 million for green power production

Ambuja Cements to invest $723 million for green power production

Image for representation purpose only. | Photo Credit: AP Construction materials maker Ambuja Cements will invest ₹60 billion (nearly $723 million) in renewable power projects, the company said on Dec. 18. The investment will be funded internally and is expected to target a capacity of 1,000 megawatts (MW) through solar and wind power projects in … Read more

Hot Stocks: Brokerage view on UltraTech Cement, Ambuja, L&T and Maruti Suzuki

Hot Stocks: Brokerage view on UltraTech Cement, Ambuja, L&T and Maruti Suzuki

Brokerage firm Macquarie maintained an outperform rating on UltraTech Cement and Ambuja. Jefferies maintained a buy rating on L&T and CLSA recommended a Sell on Maruti Suzuki.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Cement: UltraTech Cement and Ambuja Cements Macquarie maintained an outperform rating … Read more