Ambuja Cements

Ambuja Cements Limited
Type Public, (BSE: 500425), (NSE: AMBUJACEM)
Industry Cement
Founded 1986
Headquarters Mumbai, Maharashtra, India
Key people

Suresh Neotia, Founder, Chairman Emeritus
N. S. Sekhsaria,Co-Founder, Chairman[1]

Onne van der Weijde, Managing Director
Products Cement
Revenue 7,637.81 crore (US$1.45 billion)2010
Website www.ambujacement.com

Ambuja Cements Limited, (BSE: 500425|NSE: AMBUJACEM) 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.

Contents

Partnership

The company has entered into a strategic partnership with Holcim, the second largest cement manufacturer in the world. Holcim had, in January, bought a 14.8 per cent promoters` stake in the GACL for INR 21.4 billion.[3]

Currently (2011) Holcim holds about 50.00% of shares in Ambuja Cements Limited.

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

References

  1. ^ "Sharp rise in Gujarat Ambuja trading volumes, share price — Market buzz on Holcim interest". The Hindu Business Line. http://www.thehindubusinessline.com/2006/01/05/stories/2006010503330100.htm. Retrieved 2010-07-16. 
  2. ^ "Ambuja Cements India - Gujarat Ambuja Cement Limited Profile - Ambuja Cements History". Iloveindia.com. 2007-07-21. http://www.iloveindia.com/economy-of-india/top-50-companies/ambuja-cements.html. Retrieved 2010-07-16. 
  3. ^ "Swiss co Holcim cements deal with Ambuja for ACC". The Hindu Business Line. 2005-01-21. http://www.thehindubusinessline.com/2005/01/21/stories/2005012102690100.htm. Retrieved 2010-07-16. 

External links

BSE SENSEX companies of India
S&P CNX Nifty companies of India