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Shree Cement is an Indian cement manufacturer, founded in Beawar, Rajasthan, in 1979. Now headquartered in Kolkata , it is India's third largest cement producer by capacity [ 2 ] [ 3 ] and second largest cement company by market capitalisation. [ 4 ]
In 2002 Shree Cement was in deep trouble, and he nearly agreed a 50/50 merger with the French cement company Vicat. [3] With his father's approval, he declined the merger and turned things around, increasing capacity ten-fold over a decade, and with the share price rising from Rs 45 ten years ago to Rs 4,500. [3]
The company had entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for ₹2,140 crore. [5] From 2010 to 2022, Holcim held a 61.62% controlling stake in Ambuja Cements. [6]
ACC Limited (Formerly The Associated Cement Companies Limited) is an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group . On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited.
Shree Cement: Industrials Cement Kolkata: 1979 Cement P A Shree Ganesh Jewellery House: Retail Specialty retailers Kolkata: 2002 Jeweler P A Shree Renuka Sugars: Consumer goods Food products Belgaum: 1998 Sugar P A Shriram Group: Conglomerate —
Benu Gopal Bangur (born 1931) is an Indian billionaire businessman, and the chairman of Shree Cement. Early life. Bangur was born in 1931 in a Marwari Hindu family.
Jaypee has cement production and private sector hydropower company with 1,700 MW in operation. [4] The Jaypee Group successfully completed projects in 18 states of India and Bhutan . Jaypee is the engineering and construction company for India's Yamuna Expressway , which opened 9 August 2012.
The NIFTY Next 50 is a stock market index provided and maintained by NSE Indices.It represents the next rung of liquid securities after the NIFTY 50.It consists of 50 companies representing approximately 10% of the traded value of all stocks on the National Stock Exchange of India.