4 big-ticket mergers to track in 2025: What stock market investors must know

 20 Dec 2024 12:38 PM

India's merger market heats up. Gujarat Gas will merge with Gujarat State Petronet. Ultratech Cement will absorb Kesoram Industries' cement business. ICICI Bank will merge with ICICI Securities. Ambuja Cements plans to merge with Sanghi Industries and Penna Cement Industries. Share swap ratios are set for each deal. Investors should track these developments.

Ambuja Cements shares 0.84% as Sensex falls

 20 Dec 2024 12:15 PM

On the technical charts, the RSI of the stock stood at 53.17.

Stocks to buy today: Restaurant Brands, Ambuja Cement and Exide Industries on investors' radar

 19 Dec 2024 07:43 AM

Indian equity indices declined for a third consecutive session due to selling pressure in utility, capital goods, and metal stocks, coupled with foreign fund outflows. Technical analysts suggest Restaurant Brands Asia, Ambuja Cements, and Exide Industries are expected to decline further, with specific support and resistance levels identified for each stock.

Ambuja Cements shares 0.0% as Sensex falls

 18 Dec 2024 11:31 AM

The stock quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 452.90.

Sanghi Industries shares tumble 12% on merger with Ambuja Cements

 18 Dec 2024 10:35 AM

Sanghi Industries shares dropped 12.4% after Ambuja Cements announced a merger scheme offering 12 shares for every 100 Sanghi shares. The merger aims to enhance efficiency and streamline operations.

Ambuja Cements shares in focus as Adani Group merges Sanghi Industries and Penna Cement

 18 Dec 2024 08:00 AM

Ambuja Cements is merging with Sanghi Industries and Penna Cement Industries to boost its cement production capacity. Sanghi shareholders will receive 12 Ambuja shares for every 100 they own. This merger aims to increase Ambuja's capacity to over 100 MTPA by the end of the fiscal year and further to 140 MTPA by 2027-28, streamlining operations and enhancing shareholder value.

Adani Cement to merge Sanghi & Penna units with Ambuja Cements

 17 Dec 2024 11:20 PM

Adani Cement is merging Sanghi Industries and Penna Cement with its flagship company, Ambuja Cements. Sanghi shareholders will receive 12 Ambuja shares for every 100 they own, while Penna shareholders will get Rs 321.50 per share. This consolidation aims to boost efficiency and competitiveness, ultimately increasing shareholder value.

AMBUJA CEMENTS: CO SAYS FOR EVERY 100 SHARES OF SANGHI INDUSTRIES, CO WILL ISSUE 12 SHARES

 17 Dec 2024 06:36 PM

AMBUJA CEMENTS: CO SAYS FOR EVERY 100 SHARES OF SANGHI INDUSTRIES, CO WILL ISSUE 12 SHARES

Ambuja Cements announces merger of Sanghi Industries & Penna Cement with itself

 17 Dec 2024 05:59 PM

Adani Group-owned Ambuja Cements on Tuesday announced the merger of Sanghi Industries and Penna Cement Industries with itself. Under the scheme of arrangement with Sanghi Industries, shareholders will get 12 shares of Ambuja for every 100 shares held in Sanghi.

Adani Group announces merger of Sanghi Industries & Penna Cement with Ambuja Cements

 17 Dec 2024 05:59 PM

Adani Group-owned Ambuja Cements on Tuesday announced the merger of Sanghi Industries and Penna Cement Industries with itself. Under the scheme of arrangement with Sanghi Industries, shareholders will get 12 shares of Ambuja for every 100 shares held in Sanghi.