The shares of the company have an ROE of 47 per cent and an ROCE of 28 per cent.

The company’s shares have delivered impressive multibagger returns of around 100 per cent in just 1 year.

The acquisition will increase Adani Cement's market share by approximately 2 per cent nationwide and by around 8 per cent in southern India.

Birla Corporation Ltd achieves a significant milestone with the recent granting of License Number by the American Petroleum Institute (API) to its Cement Plant at Chanderia, Birla Cement Works.

Dalmia Bharat has approved a capital expenditure of Rs 3,642 crore.

At market close on Friday, the headline equity indices, i.e. Sensex and Nifty 50 ended on the higher side after RBI hiked the repo rate by 50 basis points as was expected by analysts & economists. The repo rate is at 5.40 per cent now whereas standard deposit facility (SDF) and marginal standing facility (MSF) rates stand at 5.15 per cent & 5.65 per cent, respectively.  

On Friday, the benchmark indices ended marginally lower after making a cheerful start with Sensex opening 500 points on the upside. Amid the volatile session, Sensex dipped more than 600 points from the day's high to settle 49 points lower at 55,769.23 level while Nifty50 lost 44 points to end at 16,584 level.

On Wednesday, the benchmark indices ended higher with Nifty closing above the 16900 mark led by buying seen across the sectors. The equity markets are eyeing the outcome of the FED meeting as the current geopolitical developments are creating further inflationary pressure in the global market and it is crucial to take into account the view of central banks.