![This smallcap cement stock has risen 63% in one month; do you own it?](https://images.assettype.com/fortuneindia%2F2022-04%2Fb04f469c-4134-431b-9f4b-80698d8d3183%2Fcement.jpg?w=300&q=95)
This smallcap cement stock has risen 63% in one month; do you own it?
UltraTech Cement is reportedly in talks to buy a stake in this mid-size cement manufacturer.
UltraTech Cement is reportedly in talks to buy a stake in this mid-size cement manufacturer.
This is the second deal in two days after the Aditya Birla Group company acquired 0.54 mtpa cement grinding assets of Burnpur Cement for ₹169.79 crore on November 29.
The microcap stock hit 5% upper circuit and touched a fresh record high of ₹32.80 on Wednesday from ₹6 on April 10, 2023.
Ambuja Cements shares rose 29.5% so far this month, from ₹299.2 to over a three-month high of ₹387.45 in intraday trade on Tuesday.