Adani Group Prepays Full Financing for Ambuja Cements Acquisition
As part of their debt pre-payment strategy, the Adani family has paid margin-linked share-backed funding of $2.15 billion before the March-end target. Moreover, the promoters...
Tag : Ambuja
MSCI Seeks Feedback on Adani Group on Hindenburg Report
On Saturday, index provider MSCI said it is seeking feedback on Adani Group and related securities and is aware of a report by short-seller Hindenburg...
Cement Stocks Up 2-6% Despite Broader Index Drop
Shares of UltraTech, Shree Cement, Ambuja, ACC, Ramco and JK Lakshmi Cement rose sharply in trade, rising 2-6%, while the broader index opened lower on...