The Damani family, one of India’s wealthiest, further increased their stake in India Cements from 11.98 per cent to 16 per cent through open market transactions on 16 March.
This follows the family boosting their stake from 7.27 per cent to 11.98 per cent on 26 February 2020.

The Ramco Cements reports 4QFY24-25 post-tax profit fall of 85%
The Ramco Cements saw a 10.5 per cent drop in revenue to INR23.92bn (US$280.1m) in the 4QFY24-...