Adani Group Stock: As the conglomerate continues its acquisition quest this year, Adani Group’s passion with cement firms only becomes stronger. Following Gautam Adani’s group’s clearance by the Competition Commission of India (CCI) to purchase the majority share in Orient Cement, the listed cement equities of the Adani group surged up to 4%. Following permission, Ambuja Cement will purchase a portion of Orient Cement.

With 22 integrated cement production units and 21 cement grinding setups nationwide, the Adani Group’s cement manufacturing enterprises now have an aggregated capacity of 89 million tonnes.

Zoom is shared by Ambuja Cement, ACC, and Sanghi Industries.

Following the release of the announcement, the shares of Adani Group firms related to the cement industry have shown upward momentum. At the time of writing, shares in ACC Cement, Ambuja Cement, and Sanghi Industries—which the Adani Group purchased last year—were trading at high prices.

Ambuja Cement Share Price: In response to the announcement, Ambuja Cement’s shares reached an intraday high of 496.0 per share on the NSE, up 2% from the closing price of 491.10 the day before.

ACC Share Price Today: Following the announcement, the Adani Group-owned cement company’s shares surged more than 1.5% in early trading. In contrast to the closing price of Rs 1,857.25 per share on the NSE during the previous session, the ACC limited shares reached an intraday high of Rs 1,879.0 per share.

Sanghi Industries Share Price: During Thursday’s intraday trading, Sanghi Industries shares surged more than 1%. As of this writing, the shares of the Adani Group firm had reached an intraday high of Rs 55.45 a share, up from the closing price of Rs 54.89 the previous session.

Orient Cement’s 72.8% stake will be acquired by Ambuja Cement.

The Competition Commission of India (CCI) has approved Ambuja Cements Ltd, a subsidiary of the Adani Group, to purchase Orient Cement Ltd. Ambuja Cements would own a 72.8% controlling interest in Orient Cement after the conclusion of the transaction.

In a formal document dated March 4, 2025, the Competition Commission of India (CCI) gave the proposed transaction unconditional permission under Section 31(1) of the Competition Act, 2002. stated Ambuja Cements.

Orient Cement’s 72.8% stake will be acquired by Ambuja Cement.

The Competition Commission of India (CCI) has approved Ambuja Cements Ltd, a subsidiary of the Adani Group, to purchase Orient Cement Ltd. Ambuja Cements would own a 72.8% controlling interest in Orient Cement after the conclusion of the transaction.

In a formal document dated March 4, 2025, the Competition Commission of India (CCI) gave the proposed transaction unconditional permission under Section 31(1) of the Competition Act, 2002. stated Ambuja Cements.