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Orient Cement shares rise after refuting reports of Adani buying stake
short by Srishty Choudhury / on Wednesday, 4 January, 2023
Orient Cement's shares surged by nearly 13% after it refuted reports about Adani Group buying a stake in the company from its founders. Orient Cement said the company is "not privy to any such discussion, and therefore cannot comment on the same". It clarified that there is no material information or any impending announcement that may impact the share price.
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