ACC Ltd News

Adani Group relocating key roles at ACC, Ambuja Cements to Ahmedabad: Rpt

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

Six Adani Group stocks locked in 5% lower circuit; ACC hits 52-week low

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

Questions raised over Gautam Adani sibling Vinod's related party status

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

4 Adani group stocks locked in 5% upper circuits in weak market

Adani Group said it has completed full prepayment of margin linked share backed financing aggregating to $2.15 billion, well before committed timeline of 31 March 2023

Adani Enterprises, ACC: Time to sell Adani group stocks after a sharp run?

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

Adani Group shares rally up to 10% as GQG Partners buy Rs 15,446 cr stake

The promoters plan to use the proceeds to retire debt and for other purposes.

Select Adani group shares rally; Adani Enterprises jumps 29% from day's low

Since January 24, the market value of 5 Adani group companies - Adani Total Gas, Adani Green Energy, Adani Transmission, Adani Power and Adani Enterprises - has declined between 52% and 83%

Adani group shares extend fall; Adani Total Gas tanks 79% in one month

Adani Power (Rs 162.60), Adani Transmission (Rs 788.75), Adani Total Gas (Rs 834.95), Adani Green Energy (Rs 539.30) and Adani Wilmar (Rs 390.35) were locked at 5 per cent lower circuit today

Cement shares in focus; UltraTech, Dalmia Bharat hit 52-week highs

Most managements continue to be positive on the cement demand, led by the government's thrust on infrastructure projects, pick-up in urban real estate, and likely recovery in the rural segment.

6 out of 10 Adani group stocks locked at 5% lower circuit in firm market

The Central government has agreed to form an expert committee to strengthen the regulatory regime in order to ensure that market investors are protected.

Adani Green, Adani Transmission, Adani Total Gas hit 52-week lows

Adani Ports and Special Economic Zone, Adani Wilmar, ACC, Ambuja Cements and New Delhi Television (NDTV) are down in the range of 1 per cent to 5 per cent.

Adani group stocks under pressure as MSCI to review free float status

Adani Enterprises locked 10 per cent lower circuit, while Adani Ports, Adani Power, Adani Transmission, Adani Total Gas, Adani Green Energy and Ambuja Cements were down up to 6 per cent

Cement shares rally on hopes of GST cut; UltraTech, Ambuja gain 3%

Finance Minister Nirmala Sitharaman on Tuesday said that the government will consider a review of the 28 per cent Goods and Services Tax (GST) levied on cement.

Adani Transmission, Adani Wilmar, NDTV snap 8-day losing streak, surge 5%

Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), ACC, Ambuja Cements, and Adani Green Energy, too, rallied in the range of 2 per cent to 7 per cent

7 Adani group stocks hit lower circuit; Adani Ent tanks 55% in 3 days

In past seven trading days, the total market capitalisation (market-cap) of 10 Adani group companies has eroded by nearly Rs 10 trillion or 52 per cent to Rs 9.27 trillion in Friday's intra-day trades

Rs 8.7 trn mcap loss for Adani cos in 6 days; Adani Ent tanks 35% since Tue

Given the unprecedented situation and the current market volatility, Adani Enterprises has cancelled its Rs 20,000 crore follow-on-offer (FPO)

Adani group shares extend fall; Adani Total Gas tanks 51% in five days

Shares of Adani Total Gas were locked in the lower circuit for the fourth straight day, down 10 per cent at Rs 1,901.65 on Wednesday.

Adani Enterprises zooms 10% post clarification, other group stocks mixed

Adani Ports and Special Economic Zone (Rs 658.45) and Ambuja Cements (Rs 419.25), too, were locked in their respective 10 per cent upper circuits

F&O Check: Shorts rise at Adani counters; AEL may hit Rs 2,600 level

Adani Enterprises, Adani Ports, ACC and Ambuja Cements witnessed significant build-up of OI in tandem with a fall in stock price so far this week, indicating build-up of shorts at these counters.

Cement trades weak on profit-booking; UltraTech dips 3% post Q3 results

UltraTech Cement said that rising government spending, recovery in the rural economy on a pickup in farm incomes and pre-sales of housing real estate should also help the industry recover.