Adani ACC Ambuja deal valued at
Ambuja 385 per share vs CMP 358
ACC 2300 per share vs CMP 2100
Stake buy not routed through Adani Enterprises but from a promoter entity
"Buy on Rumors Sell on News"
After few days of upside the stock will correct as the valuation have been at par with market expectations and already priced in with steep rally in both co
Example of correction post big announcement
HDFC Merger
#adani #ACC