SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Ambuja Cements plans to establish cement grinding unit in Jharkhand

21 Feb 2024 Evaluate

Ambuja Cements is planning to establish a state-of-the-art cement grinding unit with an investment of Rs 1000 crore in Motia Village of Godda district in Jharkhand, post requisite approvals with a capacity of 4.0 MTPA. The project is planned in close proximity to Adani Power (Jharkhand), as part of a comprehensive approach to disposing of fly ash in an environmentally safe manner and contributing to the circular economy. 

The project exemplifies Ambuja Cements’ commitment to sustainable practices and reflects its dedication to fostering inclusive growth in Jharkhand. The unit will generate direct and indirect employment for over 2,500 individuals, significantly contributing to the economic and social progress of the state.

The company already operates two cement plants in Jharkhand with a combined capacity of 6 MTPA. The proposed expansion demonstrates the company's confidence in the region's potential for growth and development.

Ambuja Cements is engaged in manufacturing and marketing of cement and clinker for both domestic and export markets. It is a material company of Adani Cement and part of the diversified Adani Group.


Ambuja Cement Share Price

453.95 12.90 (2.92%)
15-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11769.75
Ambuja Cement 453.95
ACC 1429.35
Shree Cement 24960.60
Dalmia Bharat 1973.50
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:

×