ambuja cements block deal: GQG buys 17.1 million shares of Ambuja Cements via block deal

ambuja cements block deal: GQG buys 17.1 million shares of Ambuja Cements via block deal

GQG Partners bought 17.1 million shares of Ambuja Cements via a block deal on Friday. Other buyers included Morgan Stanley, Norges Bank, SBI Life Insurance, an ET Now report stated. Adani Group’s Holderind Investments sold 68 million shares in the cement maker, the report said. This is a developing story and more information is awaited. … Read more

Q4 results: Ambuja Cements Q4 results: Profit up 6% YoY to Rs 532 cr; co approves Rs 2 dividend

Q4 results: Ambuja Cements Q4 results: Profit up 6% YoY to Rs 532 cr; co approves Rs 2 dividend

Ambuja Cements reported a standalone net profit of Rs 532 crore for the quarter ended March 2024, which is higher by 6% year-on-year. The company had clocked a profit of Rs 502 crore in the same period last year. Revenue from operations during the fourth quarter increased 12% year-on-year to Rs 4,780 crore, compared with … Read more