Adanis sell Rs 4,200 crore worth stake in Ambuja Cements, stock up 4%
Billionaire Gautam Adani-led conglomerate on Friday sold around 2.8% stake in Adani Group firm Ambuja Cements in a pre-market block deal valued at around Rs 4,200 crore. The cement stock, which is up about 22% so far in the year, jumped 4% to the day’s high of Rs 659.70 in the opening session following the…
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