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According to various brokerage firms, Ambuja Cements is likely to report a muted growth, in single digits, in revenues on both YoY and QoQ basis, while profit after is likely to decline on a year basis. ....
The shares of Ambuja Cements hit a record high of Rs 567.9, rising 9.99 per cent against the previous close of Rs 516.30 on BSE after the Adani Group said it would infuse Rs 20,000 crore into Ambuja Cements through a preferential allotment of shares. ....