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Adani Group Acquires Orient Cement
Adani's Ambuja to buy a 47% stake in Orient Cement for $451 million
Ambuja Cements, India's No.2 cement maker, said on Tuesday that it would buy a nearly 47% stake in rival Orient Cement for 37.91 billion rupees ($451 million), but analysts said there were doubts about the deal receiving regulatory approval.
Adani Conglomerate Acquires Orient Cement for $963 Million
Ambuja Cements Ltd., part of the Adani Group, acquired Orient Cement Ltd. for 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.
Adani Group Acquires Orient Cement for ₹8,100 Crore, Targets 100+ MTPA Capacity by FY25
Adani Group has acquired Orient Cement for Rs 8,100 crore, aiming to surpass 100+ MTPA operational capacity by FY25, further strengthening its position in India's cement industry.
10h
Indian Billionaire Gautam Adani Buys Orient Cement As Rivalry Intensifies
Billionaire Gautam Adani's Ambuja Cements agreed to buy a 47% stake in Orient Cement in a deal valued at $963 million, ...
1d
Stock Radar: 16% rally in a week! Orient Cement stock breaks out from downward sloping trendline on weekly charts
Orient Cement surged over 16% in a week, breaking out from a falling trendline resistance and forming a 'Handle' pattern on ...
5d
on MSN
Orient Cement shares zoomed 17% in 3 sessions. Here's why
The stock rose 4.32 per cent to hit a day-high value of Rs 342.50. At this price, it has surged 17.11 per cent in three ...
6d
Trade Spotlight: How should you trade HDFC AMC, Finolex Industries, Orient Cement, CESC, ITD Cementation and others on Thursday?
The consolidation in the market is expected to continue, with a focus on stock-specific action amid the earnings season.
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Gautam Adani
Ambuja
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