Indian stock alert

INDIA

CLOSING UPDATE: Ambuja Cements in 5th consecutive fall, nears a 26-month low 20 June 2018 18:05 IST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Indian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Ambuja Cements, India's 3rd largest cement & cement products company by market capitalisation, slipped further on Wednesday, sliding an additional Rs2.50 (or 1.2%) to trade at Rs197.75. The stock decreased 1.0% on Monday and 1.31% on Tuesday bringing its 5-day fall to 5.8%. It is now approaching its 540-day low of Rs196.55. Compared with the BSE SENSEX Index which rose 260.6 points (or 0.7%) in the day, this represented a relative price change of -2.0%.

TODAY'S ALERT

Afternoon Alert: Ambuja Cements accelerates slide, now down 3.9% in 3 days

20 June 2018 12:59 IST

Ambuja Cements Ltd. (NSE:AMBUJACEM) is down Rs8.05 (or 3.9%) over the past three trading days. After falling 1% on Monday, and 1.3% on Tuesday, the stock fell 1.7% on Wednesday to trade at Rs196.90 vs. the BSE SENSEX Index that is down 0.4% in the same period.

Ambuja Cements Ltd. (NSE:AMBUJACEM; BSE:AMBUJACEM; NS:AMBUJACEM; IN:AMBUJACEM)

ISIN: INE079A01024

PermID: 4295940929

Source: www.BuySellSignals.com