Ambuja Cements Ltd

Adani Portfolio companies operate in utility and infrastructure businesses with over 83 per cent of EBITDA being generated from core infrastructure businesses providing assured and consistent cash flow generation.

Adani Group has deleveraged the balance sheet by repaying $2.65 billion and the last thing it wants now is to fight a case on price cartelisation in the cement business, sources said

The group's shares have lost more than $110 billion in value since January, when U.S. short-seller Hindenburg Research alleged it had indulged in stock manipulation and improper use of tax havens

The combine plans to double capacity to 140 mt by FY28, with total capex of ₹46,000 crore

The new R&D facility will foster cutting-edge research, collaboration and the development of innovative solutions

Stocks gains over 8 per cent intra-day to hit a high of Rs 795.65, higher than Jan 24 closing of Rs 761.2

UltraTech has 22 integrated manufacturing units, 27 grinding units, one clinkerisation unit, and 8 bulk packaging terminals.

IOC, Bharti Airtel, LIC Housing, Bank of Baroda, Jindal Steel & Power, Chemplast Sanmar, Eiko Life, CreditAccess, Granules India, Paris Defence, HDFC, SAT Industries, Jupiter Wagons, Rajoo Engineers, HDFC, Vedanta

The capacity expansion projects are expected to generate substantial value to the existing business and enable more employment and growth opportunities in the States

Last year, the company had borrowed $5.25 billion from 14 global banks

The bottom line was affected by a one-time expense of ₹80.7 crore due to a restructuring cost during the quarter

Through its expansion, the company aims to reduce its exposure to the east-south region of the country and by the end of 2024 to be present in the western, mid, and northern regions as well.