Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Ambuja Cement among the top 5 in global DJSI ranking-2018

Posted On: 2018-09-19 06:59:25

Ambuja Cements Ltd., a part of the global conglomerate LafargeHolcim and one of the leading cement manufacturing companies in India, has moved two notches up to 5th rank globally in the Construction Material category adjudged by the internationally renowned Dow Jones Sustainability Index - 2018, thus setting yet another benchmark in the sustainable development.

With this, Ambuja Cement has earned the distinction of being the only Indian company to secure such a high rank - up by two positions as compared to the last year's sustainability benchmarking.

The Dow Jones Sustainability Index (DJSI) are a family of benchmarks that uses a best-in-class approach to select sustainability leaders from various industry sectors across the world, enabling investors to track the companies' performance and integrate sustainability considerations into their portfolios. Since the launch of the DJSI World in 1999, several other Dow Jones Sustainability Indices and new index families that rely on the Corporate Sustainability Assessment (CSA) results have been developed to meet a range of investor specific needs.

Delighted, Ambuja Cement MD & CEO Ajay Kapur said, "We are truly honoured by this highest recognition for the second year in a row from the global DJSI ranking, which is regarded as the most respected independent sustainability ranking system. While this accomplishment reaffirms Ambuja Cement as the clear leader in Sustainability, what makes us feel even more proud is the fact that we have outdone ourselves on this front despite challenges; and moved up in the ranking."

Mr Kapur added, "This is yet another step drawing us closer to achieving our vision as the most sustainable company in the industry. The recognition like this further strengthens our commitment to perform even better in our ongoing sustainability journey, creating greater value to all stakeholders - customers, investors, employees and society at large."

Ambuja Cement performed exceedingly well surpassing its own 2017 scores while competing with 27 leading cement companies that were assessed worldwide. Aligned with the 'LafargeHolcim Sustainable Development 2030' strategy, the Company received a perfect 100 score in as many as six areas such as Tax Strategy, Materiality, Sustainable Construction, Environmental Reporting, Environmental Policy & Management Systems as well as Water Related Risks, along with another seven elements scoring over 85 percentile.

Ambuja Cement has been recognised time and again at both Indian as well as the Global platforms. Recently, the Company won the prestigious 'Best CSR & Sustainability Practices Award 2017' presented by the renowned Asia Centre for Corporate Governance & Sustainability. The Company was ranked No 2 globally in the cement sector research report by the internationally renowned, non-profit organization, the Carbon Disclosure Project (CDP). Last year, Ambuja Cement bagged six awards - an 'Outstanding Accomplishment for Corporate Excellence' award while the rest for 'Domain Excellence' in environment management and corporate social responsibility- from the apex body Confederation of Indian Industry (CII).

Shares of AMBUJA CEMENTS LTD. was last trading in BSE at Rs.223.35 as compared to the previous close of Rs. 225.75. The total number of shares traded during the day was 168652 in over 1112 trades.

The stock hit an intraday high of Rs. 227.9 and intraday low of 221.25. The net turnover during the day was Rs. 37938443.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

G N A Axles Ltd Q2 FY19 PAT jumps to Rs. 16.24 crores

TVS Motor Company Ltd Q2 FY19 net profit slips to Rs. 211.31 crores

Rane Brake Lining Ltd Q2 net profit falls to Rs. 5.30 crores

Super Sales India Ltd Q2 FY19 PAT slips to Rs. 6.95 crores

Performance highlights RBL Bank for Half year ended September 30, 2018 - H1 FY19

Performance highlights of RBL Bank for Quarter ended September 30, 2018 - Q2 FY19

Laurus Labs Ltd board to approve quarterly results on Nov 1, 2018

RBL Bank reports advances growth of 37% in Q2 FY19

TCS' Quartz Blockchain Solution powers Landmark Cross-Border Data Exchange in Africa

Ahluwalia Contracts secures new order of Rs. 538.76 crores

RBL Bank Ltd Q2 FY19 PAT climbs to Rs. 204.54 crores

EXPO Gas Containers Ltd calls for board meeting on Nov 5, 2018

Brunei's Largest Bank Bank Islam Brunei Darussalam Berhad Goes Live on Ramco ERP

iGTB and R3 partner for next-gen blockchain-enabled financial technology platform solutions

Suven to present at 11TH CLINICAL TRIALS ON ALZHEIMER'S DISEASE during October 24-27, 2018 - BARCELONA, SPAIN

Ramco Systems Ltd board to approve Q2 FY19 results on Oct 31, 2018

Precision Camshafts Ltd board to announce second quarter results on Nov 14, 2018

Bajaj Hindusthan Sugar Limited board to consider Q2 results on Nov 2, 2018

Gandhi Special Tubes Ltd board to approve 2nd quarter results on Oct 31, 2018

GlaxoSmithkline Consumer Healthcare Ltd calls for board meeting on Nov 1, 2018

Bharat Forge Ltd Board to consider Interim Dividend on Nov 2, 2018

Bajaj Housing Finance Ltd H1 FY19 PAT rises to Rs. 11.38 crores

Oberoi Realty Limited announces Q2FY19 and H1FY19 results

GlaxoSmithKline Pharmaceuticals delivers strong H1 performance

Himachal Futuristic Communications Ltd receives order worth Rs. 366.36 crore

SNL Bearings Ltd calls for board meeting on Oct 30, 2018

The Mandhana Retail Ventures Ltd board to consider quarterly, half-yearly results

Bhushan Steel Limited board to approve second quarter results on Oct 30, 2018

Shemaroo Entertainment Ltd board to consider Q2, H1 results on Oct 30, 2018

Inditrade Capital Limited board to announce quarterly results on Nov 2, 2018

HGS's AxisPoint Health Earns Health Call Center URAC Reaccreditation

Speciality Restaurants Ltd board to consider Q2, H1 FY19 results on Nov 3, 2018

ITD Cementation Wins Orders Valued over INR 1066 Crores

Navneet Education Limited board to announce Q2 FY19 results on Oct 31, 2018

Asian Paints Ltd approves interim dividend of Rs. 2.85

IFB Industries Ltd updates on acquisition status

TeamLease Services Ltd board to approve Q2, H1 results on Oct 30, 2018

Filatex India Ltd board to announce second quarter results on Oct 31, 2018

Man Industries India Ltd board to consider 2nd quarter result son Oct 29, 2018

Sharda Cropchem Ltd board to approve Q2 results on Oct 31, 2018

GTN Textiles Ltd calls for board meeting on Nov 5, 2018

Patspin India Ltd calls for board meeting on Nov 5, 2018

CCL Products India Ltd Q2 FY19 net profit higher at Rs. 47.18 crores

Omax Autos Ltd Q2 loss at Rs. 1.49 crore

Welspun India Ltd Q2 PAT up at Rs. 121.69 crores

Lakshmi Machine Works Ltd Q2 net profit falls to Rs. 40.42 crores

Oberoi Realty Ltd Q2 net profit soars to Rs. 213.83 crores

Asian Paints Ltd Q2 FY19 PAT slides to Rs. 506 crores

Genus Power Infrastructures Ltd Q2 net profit climbs to Rs. 12.37 crores

Everest Organics Ltd receives closure order for factory at Sadasivapet, Telangana







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018