Cement stock

Ambuja Cements allots 47.74 cr warrants to Adani family firm; raises Rs 5,000 crore

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Ambuja Cements allots 47.74 cr warrants to Adani family firm; raises Rs 5,000 crore

New Delhi, on Tuesday said it has issued 47.74 crore warrants to Adani family firm Harmonia Trade and Investment and raised Rs 5,000 crore. Ambuja Cement, now a part of Adani Cement, has issued 47.74 crore warrants at a price band of Rs 418.87, said a regulatory filing by the company. As per the terms … Read more

Is this Nifty stock’s moat wide enough to keep competition away?

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Is this Nifty stock’s moat wide enough to keep competition away?

Synopsis The Indian cement industry is crowded with multiple players trying to survive in cut-throat competition. The top 5 players in the industry are UltraTech Cement, Shree Cement, ACC Ltd, Ambuja Cements and Dalmia Bharat. These players together have a capacity of over 270 million tonnes per annum (MTPA). Let us look at the top … Read more