ACC

People holding leadership roles are now based out of Ahmedabad but their teams are working from Mumbai and the teams have to spend a substantial time travelling back and forth between the cities

The slide in the stocks resumed after a report by The Ken claimed that the Adani group has not completely repaid its loans taken against the promoters' shares

Issue stems from multiple disclosures made by the group; Promoter group entities are typically considered related parties

Analyst recommends investors should wait for some constructive growth direction before venturing into the Group stocks.

Industry players said the GQG investment will provide a floor to Adani stocks and also ease concerns around promoter-share pledges

The Darlaghat plant of Ambuja Cements has a capacity of 2 million tonnes per annum while that of ACC's Gagal produces 5.5 mtpa

Adani currently holds 63.15 per cent stake in Ambuja Cement and 56.69 per cent in ACC

Except Ambuja Cements, Ultratech Cement, Ramco Cements, and India Cements need to surpass crucial key levels to lead to a rally ahead

Analysts expect industry margin to bottom out in Q2, with peaking of cost, higher exit of cement prices, and pick-up in construction activity in coming quarters

CLOSING BELL: The gains were largely led by bank, auto, IT, and FMCG stocks. Their sectoral indices were up over 1 per cent each

Jaypee-owned firm undergoing bankruptcy process

CLOSING BELL: Sectorally, the Nifty PSU Bank index climbed 3.6 per cent, Nifty Bank index 1.6 per cent, Nifty Financial Services and Private Bank indices up to 1.5 per cent

The Adani group holds 63.15 per cent in Ambuja Cements and 56.69 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements)

With Dr Randeep Guleria's second extended tenure as the director of AIIMS, New Delhi ending on September 23, the names of two doctors have been recommended for the top job in the premier institute, sources said. It has been learnt that the names of Dr M Srinivas, Dean of Employees' State Insurance Company (ESIC) Hospital and Medical College in Hyderabad, and Dr Sanjay Behari, Director of Sree Chitra Tirunal Institute for Medical Sciences & Technology, Trivandrum, have been sent to the Appointments Committee of the Cabinet (ACC) for approval. Interestingly, neither Dr Srinivas nor Dr Behari had not applied for the post, the sources told PTI on Tuesday. Earlier in March, names of three doctors -- Nikhil Tandon, head of the department of endocrinology; Rajesh Malhotra, chief of AIIMS Trauma Centre and the head of the department of orthopaedics; and Pramod Garg, professor in the gastroenterology department in the institute -- shortlisted by a search-cum-selection committee and ...

Analysts remain positive on Ambuja Cement's long-term market share gains, but caution against any possible dent in the company's profitability due to excess supply in the market

CLOSING BELL: Gainers outnumbered the losers on the frontline indices today, led by M&M, Bajaj Finance, SBI Life, Adani Ports, HUL, Bajaj Finserv, Nestle India, Eicher Motors, HDFC, ITC, and Infosys

Stocks to Watch Today: In the F&O space, Indiabulls Housing Finance, India Cements, PVR and RBL Bank are in the ban period on Monday

The stock has surged 17 per cent in a month ahead of the closure of Adani Group's open offer on Friday, September 9

The Appointments Committee of the Cabinet has approved Kamat's appointment from the date of his assumption of charge till he attains the age of 60 years

Stocks to watch today: L&T commissioned a new green hydrogen plant at Hazira in Gujarat; Future Enterprises defaults on payments of interest of two non-convertible debentures (NCDs) of Rs 12.6 crore.