MoneyWorks4Me

Genesis Asset Managers LLP has sold 2.01% stake in Ambuja Cement by selling 30.7 million shares for over Rs 646 crore in open market. Earlier, Genesis Asset Managers LLP had 5.39% stake in the company and brought down its shareholding in the company to 3.38% by selling these shares.

Ambuja Cement is a part of a global conglomerate Holcim. The company has five integrated cement manufacturing plants and eight cement grinding units across the country.

Peers
Company Name CMP
Ultratech Cement 10830.30
Ambuja Cements 384.05
ACC 1233.55
Shree Cement 21908.95
Dalmia Bharat 1690.00
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