Dec 7, 2006

Gujarat Ambuja Cements (GACL) may edge higher

Gujarat Ambuja Cements (GACL) may edge higher after a newspaper report indicated that Swiss cement major Holcim will continue to up its stake in the company. Last month, the Swiss major raised its stake in GACL from 14.8% to 18.4% by acquiring shares from GACL's founders in a block deal on BSE.

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