Ambuja sets tough targets to fight competition

Ambuja sets tough targets to fight competition

Source: Live Mint Ambuja Cements Ltd, an Adani Group company, is seeing results from its increased focus on inorganic growth. The company’s consolidated volume grew by 8.4% year-on-year to 14.2 million tonnes (mt) in the September quarter (Q2FY25). This outpaces the industry’s flat growth and sector leader UltraTech Cement Ltd’s 2.7% rise in domestic grey…

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Crompton Greaves stock lacks a near-term spark

Crompton Greaves stock lacks a near-term spark

Source: Live Mint Investors in Crompton Greaves Consumer Electricals Ltd are losing their cool as the company faces a tepid September quarter (Q2FY25). Management cautioned analysts of near-term softness in demand for consumer products. Onam sales in Kerala, often seen as an indicator of demand trends, fell year-on-year this time. A hot summer and heat…

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