Ambuja Cements' announcement to invest Rs 6,000 crore comes after the Gautam Adani-led conglomerate announced that it would invest $100 billion in green energy transition over a decade.
The shares of Ambuja Cements hit a record high of Rs 567.9, rising 9.99 per cent against the previous close of Rs 516.30 on BSE after the Adani Group said it would infuse Rs 20,000 crore into Ambuja Cements through a preferential allotment of shares.