Both Ambuja Cements and ACC had stopped sharing production and sales data with the CMA a few years back and have not been active members of the association, said an analyst with a domestic brokerage who did not wish to be quoted.

Adani Cement exits industry lobby group Cement Manufacturers’ Association

With the overhang of a hefty penalty by the Competition Commission of India (CCI) on alleged cartelisation, Adani Group companies, Ambuja Cements and ACC, have withdrawn their membership from the Cement Manufacturers’ Association.

Ambuja Cements, ACC withdraw membership from CMA

Five of the ten listed Adani stocks ended in the positive territory on Tuesday after the group said it has repaid loans aggregating USD 2.65 billion to complete a prepayment programme.

5 Adani Group stocks settle in positive; Ambuja Cements stock up 4.54%

Ambuja Cements surged 3.58 per cent to Rs 454.70 while ACC advanced 2.26 per cent to Rs 1851.90. In a credit note, Adani Group said it has paid $700 million in loans taken for the acquisition of Ambuja Cements.

Adani Enterprises, Adani Wilmar, 6 other Adani shares gain as group repays loans worth $2.65 billion

Adani Group-owned ACC and Ambuja Cements have launched a modern Cement and Concrete R&D facility at Kalamboli at the outskirts of Mumbai.

Ambuja Cement, ACC opens new R&D centre

Adani Enterprises - the group’s flagship firm - soared 18.8%, Adani Wilmar jumped 10% and Adani Ports advanced 6% on Monday. Ambuja Cements, Adani Power, Adani Transmission, Adani Green, Adani Total Gas, ACC and NDTV surged 5% each.

Adani stocks rise most since January Hindenburg report

Goldman Sachs Asset Management’s actively managed ESG fund exposure to Adani Group is limited to roughly 400,000 shares in Ambuja Cements, said the report

Hindenburg fallout: Goldman Sachs sold 11.9 mn Adani shares from ESG portfolios in Feb

Adani group stocks: MFs did not tinker with their holdings in Adani Green Energy, Adani Transmission, Adani Total Gas, Adani Wilmar and Adani Power in April, monthly data compiled from PRIME Database suggests.

MF stake in Adani Enterprises topped 1% in April; funds bought Adani Ports & Ambuja Cements shares, sold ACC stock

Ambuja Cements, part of diversified Adani Group, has placed orders to expand clinker capacity by eight million tonne at Bhatapara (Chhattisgarh) and Maratha (Maharashtra) units on highest ESG standards.

Ambuja Cements to expand clinker capacity by 8 mtpa

The projects are expected to be commissioned in two years and will funded using internal accruals, it added

Adani-owned Ambuja Cements to expand production capacity by 14 mn tonnes

The capacity expansion projects will enable production of Blended Green Cement of 14 million tonnes, post all requisite approvals. These projects are also expected to generate substantial value to the existing business and enable more employment and growth opportunities, beneficial for all stakehold…

Adani’s Ambuja Cements places order for capacity expansion

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Ambuja Cements Limited is a cement manufacturing company. The Company manufactures Portland Pozollana cement (PPC).