Ambuja Cements Ltd. and ACC Ltd. are considering a long-anticipated merger which would create India’s second largest cement company by market capitalisation after the Aditya Birla Group owned UltraTech Cement Ltd. The boards of the two companies have initiated a study to explore the possibility of a merger, two separate stock exchange filings by Ambuja and ACC said. Keep an eye on Ambuja cements!
Excellent results posted by GILLETTE.
Income Up 16.7%
EBITDA Up 51.2%
Margin 30.4% Vs 23.3%
Net Profit Up 30.5%
Keep an eye on the stock
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