Ambuja Cements

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Ambuja Cements Limited
Public
Traded asBSE500425
NSEAMBUJACEM
IndustryCement
Founded1983
HeadquartersMumbai, Maharashtra, India
Key people
Suresh Kumar Neotia, Founder, Chairman Emeritus

Narotam Sekhsaria,Co-Founder, Chairman[1]

Ajay Kapur, Managing Director & CEO
ProductsCement
RevenueIncrease76,378.1 million (US$1.1 billion)2010
ParentLafargeHolcim
Websitewww.ambujacement.com

Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited, is an Indian major cement producing company.[2] The Group's principal activity is to manufacture and market cement and clinker for both domestic and export markets.

Partnership[edit]

The company has entered into a strategic partnership with Holcim, the second largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 per cent promoters' stake in the GACL for INR 21.4 billion.[3]

Currently Holcim holds 61.62% of shares in Ambuja Cements. [4]

Codes[edit]

The shares of the company are traded publicly on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Following are the codes assigned to Ambuja Cement Limited

  • BSE:500425
  • NSE:AMBUJACEM
  • Bloomberg:ACEM:IN
  • Reuters:GACM.BO

See also[edit]

References[edit]

  1. ^ "Sharp rise in Gujarat Ambuja trading volumes, share price Market buzz on Holcim interest". The Hindu Business Line. Retrieved 16 July 2010.
  2. ^ "Ambuja Cements India - Gujarat Ambuja Cement Limited Profile - Ambuja Cements History". Iloveindia.com. 21 July 2007. Retrieved 16 July 2010.
  3. ^ "Swiss co Holcim cements deal with Ambuja for ACC". The Hindu Business Line. 21 January 2005. Retrieved 16 July 2010.
  4. ^ "Swiss co Holcim cements deal with Ambuja for ACC". Business Standard. 16 November 2016.

External links[edit]