comparemela.com

ஹோல்சிம் தொழில்நுட்பம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Analyst Corner: Maintain buy on Ambuja Cement with TP of Rs 293

Analyst Corner: Maintain buy on Ambuja Cement with TP of Rs 293
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

ACC, Ambuja Cements gains on renewing TKH agreement with parent

ACC rose 4.77% to Rs 1655 while Ambuja Cements jumped 6.24% to Rs 252.15. Meanwhile, the S&P BSE Sensex rose 395.42 points or 0.85% to 46,839.60. In separate regulatory filings made after market hours yesterday, ACC and Ambuja Cements said that their respective boards had approved the renewal of the existing technology and know-how agreement (TKH agreement) with Holcim Technology (HTL) under which they pay TKH fees at 1% of net sales each year, to HTL, for a period of 2 years with effect from 1 January 2021, i.e., on the same terms of the existing TKH Agreement. HTL held 4.48% stake in ACC while its stake in Ambuja Cements was 63.27% as on 30 September 2020.

Benchmarks at day s high; Mrs Bector Food makes bumper listing

Benchmark indices were trading at day s high with decent gains in morning trade. The Nifty scaled the 13,700 mark and edged higher. Barring IT index, all the sectoral indices on the NSE were in the green. At 10:30 IST, the barometer index, the S&P BSE Sensex, rallied 415.79 points or 0.9% at 46,859.64. The Nifty 50 index added 124.75 points or 0.92% at 13,725.15. In broader market, the S&P BSE Mid-Cap index was up 0.7% while the S&P BSE Small-Cap index was up 1.09%. The market breadth, indicating the overall health of the market, was strong. On the BSE, 1805 shares rose and 614 shares fell. A total of 111 shares were unchanged.

Ambuja Cements, ACC Shares Surge Up To 10% On Renewing TKH Agreement With Holcim Technology

Ambuja Cements, ACC Shares Surge Up To 10% On Renewing TKH Agreement With Holcim Technology
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.