Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited is a major Cement

Cement

In the most general sense of the word, a cement is a binder, a substance that sets and hardens independently, and can bind other materials together. The word "cement" traces to the Romans, who used the term opus caementicium to describe masonry resembling modern concrete that was made from crushed...

 producing company in India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. The Group's principal activity is to manufacture and market cement and clinker for both domestic and export markets.

Partnership

The company has entered into a strategic partnership with Holcim

Holcim

Holcim is a Swiss-based global company supplying cement and aggregates . The company also supplies ready-mix concrete and asphalt including associated construction services.-Holcim Group:...

, the second largest cement manufacturer in the world. Holcim had, in January, bought a 14.8 per cent promoters` stake in the GACL for INR

Indian rupee

The Indian rupee is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India....

 21.4 billion.

Currently (2011) Holcim

Holcim

Holcim is a Swiss-based global company supplying cement and aggregates . The company also supplies ready-mix concrete and asphalt including associated construction services.-Holcim Group:...

 holds about 50.00% of shares in Ambuja Cements Limited.

Codes

The shares of the company are traded publicly on the Bombay Stock Exchange

Bombay Stock Exchange

The Bombay Stock Exchange is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was 1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest...

 (BSE) and the National Stock Exchange

National Stock Exchange

The National Stock Exchange is an electronic stock exchange located in Chicago, Illinois. It was founded March 1885 in Cincinnati, Ohio, as the Cincinnati Stock Exchange. In 1976, it closed its physical trading floor and became an all-electronic stock market...

(NSE). Following are the codes assigned to Ambuja Cement Limited

• BSE:500425
• NSE:AMBUJACEM
• Bloomberg:ACEM:IN
• Reuters:GACM.BO

External links