Ambuja Cements touches 52-week low of Rs 55

MUMBAI: Shares of Ambuja Cements touched a 52-week low of Rs 55 on early Friday. At 11:01 am, the stock was down 2.45 per cent at Rs 59.65.

Analysts point out that the street is concerned of sluggish demand in key consuming markets of Northern and central India, which has led punters to exit this stock and other shares in the cement sector.