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
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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.

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