Shares of Ambuja Cement witnessed a sharp decline of 12.84%, closing at Rs 479. This drop led to a significant market capitalization loss of approximately Rs 17,415 crore, bringing the total market cap down to Rs 1,17,983.61 crore.
Key Trading Highlights:
- Previous Close: Rs 549.55
- Today’s High: Rs 494.60
- Today’s Low: Rs 453.05
- Traded Volume: 256.39 lakh shares
- Traded Value: Rs 1,202.33 crore
52-Week Performance:
- 52-Week High: Rs 706.95 (July 2, 2024)
- 52-Week Low: Rs 408.60 (November 23, 2023)
Sector Analysis:
Ambuja Cement’s decline comes amid broader market volatility and sector-specific challenges, including rising raw material costs and demand fluctuations. Investors are closely monitoring developments in the cement industry as it navigates a challenging macroeconomic environment.
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