Ambuja Cement, ACC shares drop up to 18% after Adani bribery case
Shares of Ambuja Cement and ACC tumbled after billionaire Gautam Adani and other Adani Group leaders were charged in the US for allegedly promising $250 million bribes to Indian government officials. Ambuja Cement dropped around 18% to hit an intraday low of ₹452.90. ACC shares fell around 15% to hit an intraday low of ₹1,867.15.