Ambuja Cements’ shares rose after announcing the merger of Sanghi Industries and Penna Cement. Sanghi shareholders will receive 12 Ambuja shares for every 100 they own. This merger boosts Ambuja’s cement production capacity, aiming to exceed 100 MTPA by the fiscal year-end. The move streamlines operations and enhances shareholder value.
Looking for top-performing equity mutual funds? Here are the best performers across categories in the last 1 year
Returns from mutual fund schemes over the past year show a wide gap between the best- and worst-performing funds across categories, underscoring the importance of
August 1, 2026