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Adani Family infuses ₹ 6,661 Cr in Ambuja Cements; Stock jumps
short by Dev Parmar / on Thursday, 28 March, 2024
Ambuja Cements Limited jumped 2% in the day’s trade, as the Adani Family further infused ₹6,661 Crores in the company, thereby increasing their holding stake by 3.6 percent, attaining a total of 66.7 percent holding in Ambuja Cements. The fund's infusion will be instrumental in accomplishing the capacity of 140 million tonnes per annum by 2028 by the cement vertical.
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