Orient Cement merger advances as Ambuja sets FY29 capacity target
ORIENTCEM · price
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On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.4 pts more than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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ORIENT CEMENT filed the Ambuja Cements Q2 FY27 earnings call transcript, with no separate Orient Cement results. The proposed merger of ACC and Orient Cement with Ambuja will seek final regulatory and tribunal approvals, with completion expected within FY27. Ambuja reported 16.5 million tonnes of sales, INR 9,197 crore revenue and INR 1,271 crore EBITDA at nearly 14% margin. It targets 149 million tonnes by FY29 and 155 million by FY30.
Pending approvals, Orient may gain a simpler structure and earnings accretion. Expansion supports growth, but fuel-cost and execution risks remain.