Ambuja Cements Ltd Share Price Today

Ambuja Cements Ltd is a major cement company headquartered in Ahmedabad, Gujarat, India.

The company was incorporated in 1981 and is a subsidiary of Holcim (India) Private Limited, which is a part of the global LafargeHolcim group. Ambuja Cements operates 6 integrated cement manufacturing plants and 8 cement grinding units across India. The company has a total cement production capacity of around 31 million metric tons per annum. It has an extensive distribution network, with a presence in over 29,000 retail outlets across India.

The company's main cement brands include Ambuja Cement, ACC Cement, and Concrete. The company's success in the competitive Indian cement market can be attributed to its manufacturing capabilities, strong distribution network, and dedication to sustainability and corporate social responsibility. The Ambuja Cement share price target is subject to market dynamics and analyst forecasts. For further information, check the Ambuja Cement share price history.

Ambuja Cements Ltd Business Segments

The main source of Ambuja Cements' overall revenue is cement sales. In addition, it makes money from the sale of power, scrap, and other various operations through its subsidiary, ACC Limited, which also makes money from the sale of ready-mix concrete.
The business invests money in enhancing its production facilities and using energy-saving technologies.
Ambuja Cements has at times sought strategic acquisitions to expand its business and improve its position in the market.

Key Personnel of Ambuja Cements Ltd

Neeraj Akhoury - Managing Director & CEO

In 2019, Ambuja Cements hired Neeraj Akhoury as its managing director and chief executive officer. Neeraj Akhoury has worked in the cement sector for more than 30 years, both domestically and abroad. Akhoury is concentrated on enhancing the company's strategic growth, sustainability efforts, and operational efficiency.

Management Outlook of Ambuja Cements Ltd

The management of Ambuja Cements is focused on increasing the company's ability to produce cement in order to meet the rising demand for the material in the Indian market.
To expand its overall capacity, the company has been investing in the building of new integrated cement plants and grinding units.

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Highlights of Ambuja Cements Ltd Quarterly Results

Ambuja Cements Ltd announces Q3FY24 Quarterly Results

Its revenue has increased to Rs 8,129 crore in Q3FY24 from Rs 7,907 crore in Q3FY23.
And, its sales volume grew by 3% to 14.1 million tonnes in Q3FY24.
Its operating EBITDA also increased by 70% to Rs 1,732 crore in Q3FY24

Ambuja Cements Ltd

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