Ambuja Cements Shares Up Most in Four Months; Call Options Sur | Motilal Oswal Research

Ambuja Cements Shares Up Most in Four Months; Call Options Surge

 

·         Ambuja Cements rose 4%. Trading in the company's call options was five times the average. Trading volume was quadruple the average for this time of day.

·         The shares increased to Rs402 from Rs387.

·         Trading volume was 8.92 million shares, quadruple the 20-day average of 2.2 million shares for this time of day.

·         Trading in the company's call options totaled 19,992 contracts, compared with the average of 3,775 over the past 20 days.