Ambuja Cements
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| Type | Public, (BSE: 500425), (NSE: AMBUJACEM) |
|---|---|
| Industry | Cement |
| Founded | 1986 |
| Headquarters | Mumbai, Maharashtra, India |
| Key people |
Suresh Neotia, Founder, Chairman Emeritus |
| Products | Cement |
| Revenue |   7637.81 crore (US$1.4 billion)2010 |
| Website | www.ambujacement.com |
Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited, is a major cement producing company in India.[2] The Group's principal activity is to manufacture and market cement and clinker for both domestic and export markets.
Partnership
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 50.17% of shares in Ambuja Cements.
Codes
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
References
- ^ "Sharp rise in Gujarat Ambuja trading volumes, share price Market buzz on Holcim interest". The Hindu Business Line. Retrieved 2010-07-16.
- ^ "Ambuja Cements India - Gujarat Ambuja Cement Limited Profile - Ambuja Cements History". Iloveindia.com. 2007-07-21. Retrieved 2010-07-16.
- ^ "Swiss co Holcim cements deal with Ambuja for ACC". The Hindu Business Line. 2005-01-21. Retrieved 2010-07-16.
External links
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