Ambuja Cements Ltd (Founded in 1993) is one of India’s leading cement manufacturers, with a presence in 80 countries.  

On BSE today, about 1,897 shares have advanced, 1,699 declined and 195 are unchanged. 

The important point is the fact after Adani Enterprises’ inclusion in the Nifty50 index, it forced exchange-traded funds (ETFs) and index funds- on which rides a lot of pension money to buy the stock that traded at an astronomically high P/E multiple.