Ambuja Cements merger boosts shares, ACC lags behind
pre-market1 source ↓written by the desknot a recommendation
- capacity will reach
- 107 million tonnes per annum
Ambuja Cements shares rose for the second consecutive session on 24 Dec, following the approval of the merger with ACC and Orient Cement. The combined capacity will reach 107 million tonnes per annum. Analysts expect cost savings of ₹100 per tonne from operational synergies, with mixed views on share swap ratios for minority shareholders.
Not investment advice. For informational purposes only.