Orient Cement surges on merger news with Ambuja Cements
pre-market1 source ↓written by the desknot a recommendation
- to ₹179 following
- 9.5%
- to ₹1
- 1.2%
Shares of Orient Cement surged 9.5% to ₹179 following the announcement of a merger with Ambuja Cements, creating a unified cement platform. In contrast, ACC Ltd shares dipped 1.2% to ₹1,761, as analysts noted neutral share swap ratios for its minority shareholders. The merger aims to enhance market presence across India.
Not investment advice. For informational purposes only.