620 per cent returns: This small-cap cement manufacturing company is acquired by Ambuja Cements at an enterprise value of Rs 5,000 crore!
620 per cent returns: This small-cap cement manufacturing company is acquired by Ambuja Cements at an enterprise value of Rs 5,000 crore!

620 per cent returns: This small-cap cement manufacturing company is acquired by Ambuja Cements at an enterprise value of Rs 5,000 crore!

The stock gave multibagger returns of 162 per cent in just 1 year, 357 per cent in 3 years and over 620 per cent in 1 decade.

Kiran Shroff Article rating: 4.4

The acquisition of SIL will help ACL to strengthen its market leadership and increase its cement capacity to 73.6 MTPA from the current 67.5 MTPA. With the ongoing capex of 14 MTPA and with commissioning of 5.5 MTPA capacity at Dahej and Ametha by Q2 of FY24, the Adani Group’s capacity will be 101 MTPA by 2025.

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