Capacity increase and operation cost reduction to aid profits in the long run
According to a presentation circulated by Ambuja Cement, its move to merge the three entities into one will help simplify the manufacturing and logistics networks associated with the multiple firms that form part of Adani's cement universe.
Brokerages see the merger as a neutral development with a slight negative bias for ACC shareholders, while a positive for Orient Cement shareholders.
Ambuja expects the mergers to be completed over a period of twelve months, subject to requisite approvals.
Stocks to Watch, 23 December: Stocks like IRCTC, HCL Technologies, Antony Waste Handling Cell, GPT Infraprojects, Saatvik Green Energy, Sanghvi Movers, Prestige Estates Projects, Canara Bank, Ola Electric Mobility, Vikran Engineering, Ambuja Cements, ACC, Orient Cement, and KSH International will be in focus on December 23.
Fortis Healthcare shares closed the session at Rs 922.2, up 0.13 percent amid significant volumes, which remained rangebound for last four sessions. GE Vernova T&D India shares fell 1.31 percent to Rs 2,863.9, while Paytm shares declined 0.4 percent to Rs 1,260.7 on the NSE.
Deven Choksey is bullish on ACC has recommended buy rating on the stock with a target price of Rs 2140 in its research report dated November 12, 2025.
Motilal Oswal recommended Neutral rating on ACC with a target price of Rs 2040 in its research report dated October 31, 2025.
Prabhudas Lilladher is bullish on ACC has recommended buy rating on the stock with a target price of Rs 2,374 in its research report dated November 02, 2025.
Motilal Oswal recommended Neutral rating on ACC with a target price of Rs 2040 in its research report dated July 24, 2025.
Prabhudas Lilladher is bullish on ACC has recommended buy rating on the stock with a target price of Rs 2543 in its research report dated July 24, 2025.
Net Sales are expected to increase by 8.9 percent Y-o-Y (down 7.5 percent Q-o-Q) to Rs. 5,611.9 crore, according to Prabhudas Lilladher.
Stocks to Watch, 10 July: Stocks like Tata Consultancy Services, Cryogenic OGS, Embassy Office Parks REIT, Indosolar, Enviro Infra Engineers, Emcure Pharmaceuticals, HCL Technologies, and Crizac will be in focus on July 10.
A government draft on emission reduction target has for the first time mandated to reduce greenhouse gas emissions by oil PSUs like IOC, BPCL, HPCL, GAIL and ONGC, along with private sector refineries.
Motilal Oswal is bullish on ACC recommended buy rating on the stock with a target price of Rs 2400 in its research report dated April 29, 2025.
Choice Equity Broking is bullish on ACC has recommended buy rating on the stock with a target price of Rs 2475 in its research report dated April 30, 2025.
Prabhudas Lilladher is bullish on ACC has recommended buy rating on the stock with a target price of Rs 2383 in its research report dated April 28, 2025.
Axis Capital cut the rating of ACC shares to 'Reduce' from 'Add', with a target price of Rs 2,050 apiece.
The market mood is likely to remain upbeat in the upcoming session. Below are some trading ideas for the near term.