SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Ambuja Cements inks pact with ICICI Bank to drive cashless transactions: Report

30 Dec 2016 Evaluate

Ambuja Cements has reportedly entered into agreement with ICICI Bank to drive cashless transactions among its business partners -- retailers, contractors and masons -- and help them to open current accounts for regular business transactions.

The Lafarge Holcim-owned company has launched a pan-India ‘Go Cashless’ campaign in the wake of demonetisation of high-value currency by the government. The campaign is targeted to help its business partners conduct cashless transactions with ease and create awareness on various cashless options available, including swipe machines and other bank services.

Ambuja Cements is a part of a global conglomerate Holcim. The company has five integrated cement manufacturing plants and eight cement grinding units across the country.

Ambuja Cement Share Price

445.05 10.95 (2.52%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11589.90
Ambuja Cement 445.05
ACC 1424.50
Shree Cement 24337.00
Dalmia Bharat 1968.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×