The many worries for Ambuja Cements investors1 min read . Updated: 09 Feb 2023, 12:05 PM IST
- Cement prices across India have not seen an adequate improvement in recent months, thus prompting a downward revision in the company's earnings outlook
The stock of Ambuja Cement Ltd has been in focus lately. It is under pressure following the rout in Adani Group shares. On Thursday, the stock fell 5% in early trade. In this calendar year so far, it has corrected nearly 31%.
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