Adani-led Ambuja Cements rallies 8.5%; rich valuation a party pooper2 min read . Updated: 19 Sep 2022, 11:47 AM IST
- Both Ambuja and ACC Ltd have been in the limelight after Holciminked a pact with the Adani Group, earlier this year, to sell its stake in these
Shares of Ambuja Cements Ltd have been on a roll the last few trading sessions. Continuing their upswing, shares of the cement manufacturer rallied 8.5% in early deals on Monday to hit a new 52-week high of ₹568 apiece on the National Stock Exchange. With that, the stock has breached its previous high seen on 16 September.
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