Ambuja Cements ranked No 1 in India’s most trusted cement brands by TRA Research

Ambuja Cements ranked No 1 in India’s most trusted cement brands by TRA Research

by 5paisa Research Team Last Updated: Apr 13, 2023 - 10:03 am 2.7k Views
Listen icon

TRA's Brand Trust Report offers a valuable snapshot of India's 1000 most trusted brands

India’s Most Trusted Cement Brand 

Ambuja Cements has been ranked No.1 in India’s Most Trusted Cement Brands 2023 by TRA Research in its Brand Trust Report 2023. Ambuja Cements has seen a remarkable jump in its overall ranking from last year's report. The company has become India’s leading cement brand by constantly seeking to offer more than what its customers need and has been providing hassle-free and innovative building solutions. Ambuja Cements has always placed the customer at the centre by setting industry benchmarks in offering low-carbon, sustainable solutions.

TRA's Brand Trust Report offers a valuable snapshot of India's 1000 most trusted brands. One of the most significant findings from this year's report is the importance of transparency and social responsibility in building consumer trust. Ambuja Cements has secured an impressive ranking of 91 in the overall report of India’s Most Trusted Brands 2023.

Stock price movement 

On Wednesday, the shares of Ambuja Cements closed at Rs 396.10 up by 3.08% over its previous closing. The stock opened at Rs 384.65 and touched a high and low of Rs 397.65 and Rs 382.80 respectively. The BSE group 'A' stock of face value of Rs 2 has touched a 52-week high and low of Rs 598.15 and Rs 315.30, respectively. Last one week high and low of the scrip stood at Rs 397.65 and Rs 376.40, respectively. The current market cap of the company is Rs 78,651.41 crore.

The promoters holding in the company stood at 63.22%, while Institutions and Non-Institutions held 27.63% and 9.14% respectively.

Company Profile

Ambuja Cement Limited is one of India’s leading cement manufacturers, with a presence across Northern, Central, Western and Eastern parts of the country. The company manufactures and sells various types of cement such as portland pozzolana Cement, ordinary portland cement, water-repellent cement, etc. It also produces other related products such as aggregates, concretes and concrete blocks.

Share Market Today


How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
What you must know about M.V.K. Agro Food IPO?

M.V.K. Agro Food Product IPO was incorporated in the year 2018 to manufacture integrated sugar and other related products. M.V.K.

Juniper Hotels IPO Subscribed 2.08 times

The stock of Juniper Hotels IPO has a face value of ₹10 per share and the price band for the book building IPO has been set in the range of ₹342 to ₹360 per share. The IPO of Juniper Hotels Ltd will entirely a fresh issue of shares with no offer for sale (OFS) component.

Esconet Technologies IPO Lists 245.24% higher, but closes at -5% lower circuit

Bumper listing for Esconet Technologies IPO, then lower circuit