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Cementing Gains: Ambuja Lifts Nifty Next 50 as Index Climbs 322 Points


Updated: July 05, 2025 04:22

Image Source: Moneycontrol
The NIFTY Next 50 index saw a positive uptick on July 4, 2025, rising 322.70 points (+0.47%) to trade at 68,680.05. Among the key contributors was Ambuja Cements, which gained 2.18% to ₹601.60, buoyed by strong investor interest and sectoral momentum. The broader index opened at 68,546.90 and touched an intraday high of 68,731.65.
 
Key Highlights:
 
Ambuja Cements rose 2.18% to ₹601.60, outperforming peers in the cement space.
 
NIFTY Next 50 index gained 0.47%, trading at 68,680.05.
 
Other notable movers included Bosch (+3.53%), Info Edge (+2.02%), and Bajaj Housing Finance (+2.19%).
 
The index’s 52-week range stands between 56,192.45 and 77,918.00.
 
Historical performance: +11.2% in 3 months, +56.2% in 2 years, +83.4% in 3 years.
 
Outlook: Ambuja’s steady financials and debt-free status continue to attract long-term investors. With the NIFTY Next 50 showing signs of recovery after recent volatility, analysts expect selective large-cap names like Ambuja to lead the next leg of gains. Cement demand revival and infrastructure push could further cement its upside.
 
Source: Moneycontrol

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