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Home » Equity Market Tips » Expert StockTips » MCX Market Tips » MCX News » Nifty Future Tips » Nifty Tips » Share Market News » Merger buzz pushes ACC to fresh 52-week high : viii May 2017

Merger buzz pushes ACC to fresh 52-week high : viii May 2017



As the merger talks betwixt the ii large cement companies of the province ACC too Ambuja Cements are inwards the market, the stocks of both the companies on Mon witnessed an upward rally inwards the forenoon session on NSE too BSE.

The stock of Ambuja Cements striking a high of Rs 266.65 per part inwards the forenoon session, whereas ACC striking a 52-week high at Rs 1756.70 on the NSE.

Ambuja Cements is trading upwardly yesteryear 5.3% at Rs 259.80 per part too ACC is upwardly yesteryear 4.3% at Rs 1732 per part at 09:32 AM IST on NSE.

On the BSE, Ambuja Cements is trading upwardly yesteryear 7.4% at Rs 264, whereas ACC is upwardly yesteryear 4.9% at Rs 1737 per share.

The Ambuja Cements has striking a high of Rs 266.40 per part then far too ACC has traded on a novel 52-week high value at Rs 1753.85 per share.

According to analysts, the ii stocks may come across upward rally inwards the coming days to come upwardly every bit both the companies accept already plenty concern activities and they don’t require to expand anymore. These companies may likewise create goodness from diverse schemes launched yesteryear the key authorities such every bit 'Housing for All'.


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