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The Latest Breaking News from Ambuja Cements

Cement demand growth likely to moderate to around 5% in FY27: Ambuja Cements

Ambuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previous fiscal. The company is expanding its production capacity through strategic acquisitions and organic growth. Ambuja Cements is also consolidating its cement businesses under a unified structure.

The Economic Times

Dividend rush! Buy these 5 Adani stocks, 4 Tata Group stocks today to lap up payout rewards

More than 30 companies, including five Adani Group firms and four Tata Group companies, have fixed June 12 as the record date for dividend payouts totaling nearly ₹300 per share. Investors looking to qualify for these dividends must buy the shares by June 11.

The Economic Times

Cement makers expect 7-8% growth in FY27 despite West Asia headwinds

Indian cement companies anticipate strong growth of 7-8 per cent in FY27. Government infrastructure projects and housing demand are key drivers. Companies are increasing capital expenditure to support this expansion. Despite rising fuel costs and geopolitical concerns, the sector remains optimistic about its long-term growth trajectory.

The Economic Times

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BSE 100 rejig: Paytm, Ashok Leyland and CG Power enter index; Adani Group-owned Ambuja, 2 more exit

Paytm, Ashok Leyland, and CG Power were added to the BSE 100, replacing Ambuja Cements, Tube Investments, and Colgate-Palmolive, effective today. TVS Motor entered the BSE Sensex 50, dislodging Adani Enterprises.

The Economic Times

Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capex

Ambuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Capital expenditure for FY27 is set at Rs 6,000-6,500 crore. Ambuja Cements aims to reach 119 million tonnes capacity by FY27. The focus is on streamlining operations and margin expansion.

The Economic Times

Ambuja Cements to invest $723 million for green power production

Ambuja Cements to invest $723 million in renewable power projects, targeting 1,000 MW capacity by 2026.

The Hindu

Companies that compete with Adani group for ‘prized’ assets face raids from CBI, ED and Income Tax, alleges Congress

“Agencies like the ED and CBI are not only being used to break apart opposition parties,” Mr. Ramesh said.

The Hindu

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Gautam Adani names son Karan to run cement firms; injects Rs 20,000 crore in Ambuja Cement

NEW DELHI: Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

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