Star Cement shares surge over 13% on reports of potential acquisition by Adani-led Ambuja Cement
Shares of Star Cement climbed as much as 13.6% on Wednesday to Rs 222.9 on the BSE following media reports that Adani Groupβs unit Ambuja Cement is in talks to acquire the cement maker as a part of its expansion strategy. The deal, which is still under evaluation, has yet to be formally confirmed, though…
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