News for Ambuja Cements Limited (AMBUJACEM.BO)

Adani Group's global tax and contributions for FY25 reached ₹74,945 crore, a 29% increase from the previous fiscal. Major contributors included Adani Enterprises, Cement, Ports, and Green Energy.

Ports-to-energy conglomerate Adani Group saw a 29 per cent rise in tax outgo across portfolio companies to nearly Rs 75,000 crore, it said on Thursday. This includes both direct and indirect taxes paid, as well as payments towards employee social security.

India Business News: Adani Group announced a significant 29% surge in its tax contributions, reaching nearly Rs 75,000 crore in FY2024-25. This substantial contribution, e

Adani Group reports 29% tax increase to Rs ₹74,945 crore, contributing significantly to the exchequer.

Indian benchmark indices ended higher on Monday, buoyed by advances in heavyweights HDFC Bank and Reliance Industries Ltd (RIL), as easing global trade tensions, steady foreign inflows, and a dip in crude oil prices bolstered investor confidence.

Sensex and Nifty end flat amid geopolitical tensions, sustained foreign fund inflows; market closed tomorrow for Maharashtra Day.

Equity indices flat amid geopolitical tensions, cautious investors; banking stocks down, realty up; Bajaj Finance tumbles post Q4 results.

Ambuja Cements achieves 100 MTPA capacity milestone, reports record profits, and aims for 140 MTPA by 2028.

Top gainers & losers today April 29, 2025: Shares of BEL, Reliance, Tech Mahindra lead the gainers of Nifty 50 components, while Dr Reddy’s Laboratories, UltraTech Cement, Power Grid, Shriram Finance and Eicher Motors depreciated 2 per cent in mid-day trading.

More than 40 companies are scheduled to share their performance for the quarter and financial year ending March 2025 on Tuesday, April 29. Some of the prominent names include Ambuja Cements, Tata Group’s Trent, Star Health and Allied Insurance Company, Bajaj Finserv, Bajaj Finance and Bharat Petroleum Corporation (BPCL), among others. Through financial results, investors and analysts will learn about these companies’ revenue growth, profit margins, cost trends, and overall financial health.

Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts.

In January 2023, US-based Hindenburg Research made a host of scathing allegations in a report against Adani group and its dealings while tagging the group for pulling the “biggest con in corporate history”.

Ambuja Cements Ltd. announced on Friday that it will arrange a shareholder's meeting on May 2, 2025, according to an exchange filing. In the meeting, which the company will convene at 11 a.m. on May 2, shareholders will discuss and vote on the proposed scheme of amalgamation with Adani Cementation Ltd.

Ambuja Cements Limited at its meeting held Friday has approved the reappointment Ajay Kapur designated as Managing Director of the company for a period of 2 years with effect from April 1

"The most important stock we are looking at from the PSU segment is Coal India," the analyst told Business Today.

Indian benchmark indices closed slightly higher on Tuesday, paring early gains after opening nearly 1% up. Strength in HDFC Bank and IT stocks was offset by losses in Reliance Industries, ICICI Bank, and M&M.

Ambuja Cements shares rose 3.76% to Rs 538.50 against the previous close of Rs 518.95 on BSE. Market cap of the firm rose to Rs 1.29 lakh crore.

On the stock-specific front, the market expert selected two Adani Group stocks, Adani Power Ltd and Ambuja Cements Ltd, based on their price-chart patterns for short-term trade.

Muted revenue growth, narrowing margins and downgrades weighed on companies in December quarter.