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HDFC Securities: Ambuja Cements’ Stellar Show Yet Again, Dividend Bonanza Announced

Ambuja Cements has announced dividend at Rs 17 per share, thus paying off 60% of the large cash pile on its books.

A worker loads material into a cement mixer at the under-construction  residential development (Photographer Akos Stiller/Bloomberg)
A worker loads material into a cement mixer at the under-construction residential development (Photographer Akos Stiller/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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