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Adani Group Acquires Orient Cement

Indian Billionaire Gautam Adani Buys Orient Cement As Rivalry Intensifies

Billionaire Gautam Adani's Ambuja Cements agreed to buy a 47% stake in Orient Cement in a deal valued at $963 million, stepping up acquisitions amid intensifying rivalry with tycoon Kumar Mangalam Birla.

Hosted on MSN · 11h

Adani's Ambuja to buy $451 million stake in CK Birla's Orient Cement, stokes regulatory worries

Ambuja Cements, India's No.2 cement maker, said on Tuesday it would buy a nearly 47% stake in rival Orient Cement for 37.91 billion rupees ($451 million), but analysts raised doubts about the deal winning regulatory approval.

Bloomberg on MSN · 11h

Adani Conglomerate Acquires Orient Cement for $963 Million

Ambuja Cements Ltd., part of the Adani Group, acquired Orient Cement Ltd. for 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed for India’s infrastructure push.

13h

Adani's Ambuja to buy $451 mln stake in CK Birla's Orient Cement, stokes regulatory worries

Ambuja Cements , India's No.2 cement maker, said on Tuesday it would buy a nearly 47% stake in rival Orient Cement for 37.91 ...

1d

Stock Radar: 16% rally in a week! Orient Cement stock breaks out from downward sloping trendline on weekly charts

Orient Cement surged over 16% in a week, breaking out from a falling trendline resistance and forming a 'Handle' pattern on ...

5don MSN

Orient Cement shares zoomed 17% in 3 sessions. Here's why

The stock rose 4.32 per cent to hit a day-high value of Rs 342.50. At this price, it has surged 17.11 per cent in three ...

6d

Trade Spotlight: How should you trade HDFC AMC, Finolex Industries, Orient Cement, CESC, ITD Cementation and others on Thursday?

The consolidation in the market is expected to continue, with a focus on stock-specific action amid the earnings season.

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