Ambuja cement share price history: Ambuja Cement is one of India’s leading cement companies known for its hassle-free home building solutions and sustainable development operations. Formerly known as Gujarat Ambuja Cement Limited, the company markets cement and clinker for both domestic and export markets. The company has entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world.
Ambuja Cement aspires to be the most competitive and sustainable company in the cement manufacturing industry. The core of their sustainability philosophy is based on shareholder benefit, safe operations, environment conservation, and social well-being. They have co-processed around 126,000 tones of plastic waste becoming 3.5 times plastic negative and have helped over 60,000 young people through their skill-building initiatives.
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The company has won several awards and recognition for its business and operational excellence and successful people initiatives. Ambuja Cement is truly an industry leader with its world-class products, pioneering initiatives, and sustainable practices.
Ambuja Cements Ltd Net Profit
According to a recent report, Ambuja Cements Ltd reported a marginal rise in net profit at Rs 502 crore for the quarter ending March 31, 2023. It was Rs 494 crore in the year-ago period. The cement maker’s revenue from operations rose 8% to Rs 4,256 crore in Q4FY23 as compared to Rs 3,927 crore in Q4FY22.
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Ambuja Cement has a range of products that cater to its three customer segments – Individual Home Builders (IHBs), Masons and Contractors, and Professionals. Some of their products include.
- Ambuja Kawach: A specially formulated cement with high-quality water-repellent properties.
- Ambuja Plus: A special quality PPC cement with advanced SPE technology.
- Ambuja Cool Walls: Temperature resistant concrete blocks.
- Ambuja Compocem: An innovative product line that brings sustainability to people’s homes.
- Ambuja Buildcem: An innovative way of using fly ash to produce high strength Portland Pozzolana Cement.
- Ambuja Powercem: Ordinary Portland cement branded as Powercem.
- Ambuja Railcem: A high Blaine Portland cement useful for making concrete Railway sleepers.
- Alccofine micro materials.
According to my sources, the stock of Ambuja Cements Ltd. quoted a 52-week high of Rs 598.15 and a 52-week low of Rs 310.35
Ambuja Cements has announced a final dividend of Rs 2.50 per equity share of face value of Rs 2 for the financial year ended March 31 to its shareholders. The final dividend, as recommended by the board of directors, if approved at the AGM will be paid on or after July 25, 2023.
Current Share price of Ambuja Cement is Rs 400.55 INR.
In conclusion, Ambuja Cement is one of India’s leading cement companies with a strong focus on sustainability and innovation. Through its strategic partnership with Holcim and commitment to safe operations, environment conservation, and social well-being, Ambuja Cement has become an industry leader with world-class products and pioneering initiatives.
The company’s recent financial report indicates a marginal rise in net profit, reflecting its strong performance in the market. With a range of products catering to various customer segments, Ambuja Cement continues to be a key player in the cement manufacturing industry. Its announcement of a final dividend for the financial year ended March 31, 2023, further showcases its commitment to its shareholders. Overall, Ambuja Cement’s consistent growth and dedication to sustainability make it a reliable and attractive investment option for investors.