Ambuja Cements has received an approval for setting up a 2.17 MTPA Greenfield clinkerization project at Marwar Mundwa, Nagaur district in state of Rajasthan and three Clinker Grinding units of 1.5 MTPA capacity each at Marwar Mundwa in Rajasthan, Dadri (phase II) in Uttar Pradesh and Osara in Madhya Pradesh at an approximate cost of Rs 3,500 crore. The board of director at its meeting held on July 24, 2013 has approved for the same.
The board has also approved the purchase of shares constituting 24% of Holcim (India) (HIPL) from Holderind Investments and subsequent amalgamation of HIPL with the company.
Ambuja Cements was set up in 1986. The total cement capacity of the company is 18.5 million tonnes. Its plants are some of the most efficient in the world. With environment protection measures that are on par with the finest in the developed world.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 12032.20 |
| Ambuja Cement | 456.35 |
| ACC | 1438.00 |
| Shree Cement | 25585.00 |
| Dalmia Bharat | 1992.75 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: