Nov 28, 2013 at 15:35 | Source: Moneycontrol.com
Motilal Oswal has come out with its report on cement industry. The research firm, has preferd ACC, Shree Cement in large caps and Madras Cement, Dalmia Bharat and Birla Corp in mid caps, in its research report dated November 27, 2013.
Nov 22, 2013 at 18:26 | Source: CNBC-TV18
Word on the street is that FIIs voted in favour of the deal heeding the advice of foreign proxy firms ISS and Glass Lewis.
Nov 22, 2013 at 11:51 | Source: Moneycontrol.com
Nearly 72 percent of the minority shareholders participated in the ballot. Around 69 percent of the minority shareholder voted in favour of the deal.
Nov 22, 2013 at 11:32 | Source: CNBC-TV18
SP Tulsian of sptulsian.com is positive Ambuja Cements, ACC and UltraTech Cement. "One can take positional view on these stocks in the December series," he adds.
Nov 19, 2013 at 14:09 | Source: CNBC-TV18
The deal was structured at an EV per tonne of USD 115 which was fair, but all the cash from Ambuja's books- nearly 90 percent plus, that is around Rs 3,500 crore- was going to be drained and in addition to this there were also shares that were going to be issued to the parent Holcim.
Nov 19, 2013 at 11:11 | Source: CNBC-TV18
SP Tulsian of sptulsian.com feels that Ambuja Cements may add Rs 10 in this series from current level.
Nov 19, 2013 at 10:36 | Source: CNBC-TV18
Rakesh Arora of Macquarie Capital Securities recommends avoiding cement stocks.
Nov 19, 2013 at 08:29 | Source: CNBC-TV18
Ipca Labs | Power Grid | Jet Airways | Jubilant Foodworks | Punj Lloyd | MindTree and Infosys are stocks, which are in the news today.
Nov 13, 2013 at 18:28 | Source: PTI
Holcim, which has majority stakes in two leading Indian cement makers - ACC and Ambuja Cements - had announced plan in July to consolidate operations in a cash and share deal in a two-step process, valued at about Rs 14,500 crore.
Nov 12, 2013 at 09:08 | Source: Moneycontrol.com
According to Ventura Securities, market to open on a flat to positive note on the back of mixed global cues.