Ambuja Cements and ACC, a part of the Adani Group’s cement and constructing supplies portfolio, have change into the primary Indian cement corporations to obtain validation of their net-zero targets from the Science Primarily based Targets initiative (SBTi). The SBTi’s Company Web-Zero Normal is a worldwide framework for setting company net-zero targets aligned with local…
Highlights Main cement corporations like UltraTech Cement, Ambuja Cements, and ACC have reported a quantity progress starting from 3.5 to 10 % within the March 2025 quarter, pushed by authorities infrastructure spending and rural restoration. Regardless of challenges with decrease year-on-year gross sales realization, the cement business is projected to attain an total progress of…
Nuvama has a ‘maintain’ suggestion on Ambuja Cements with a goal worth of Rs 667 (+19%). The corporate is merging Shanghi Industries and Penna Cement with itself for operational efficiencies and to enhance efficiencies. Analysts really feel this determination to streamline the construction of the corporate is a welcome transfer.Kotak Institutional Equities has given a…
Bihar, as soon as seen as much less industry-friendly, has seen a surge in huge ticket investments from the likes of Adani Group to Coca-Cola because it packages its huge sources with progressive coverage to lure buyers. Its industries and tourism minister Nitish Mishra, together with his CEO-style method to governance, is pivoting…
