Ambuja Cement and ACC decline up to 10% as Adani group stocks drop

Ambuja Cement- Adani Group

A wider selloff in Adani group companies caused Ambuja Cement and ACC shares to drop significantly. After Hindenburg Research disclosed that it has short positions in shares of the Adani Group, which Gautam Adani only recently bought, the price of the cement companies dropped by up to 10%. Hindenburg Research expressed alarm over the Adani […]

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