New Delhi, Dec. 20 -- Mangalam Cement shares are on a roll in December so far, rising 10% in the month so far, compared to a 1% drop in the benchmark index Sensex and an over 2% fall in the BSE Smallcap index, largely due to the rupee's weakness, persisting concerns over an India-US trade deal and heavy foreign capital outflow.
In the previous session on Friday, December 19, Mangalam Cement's share price ended 3% higher at Rs.777.65, while the Sensex closed with a gain of 0.53% at 84,929.36, and the BSE Smallcap index ended 1.25% higher at 50,800.77.
Recent traction in Mangalam Cement shares has been seen even as the company disclosed a change in shareholding within its promoter group, reflecting a routine internal restructuring.
As pe...
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