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Shree Digvijay Cement Shares Slide Nearly 5% After Antitrust Probe Finds Bid-Rigging Evidence
Shree Digvijay Cement’s shares fell up to 5.4% intraday, last trading down 4.9% by 1:26 PM IST. The decline followed revelations from India’s antitrust body that the company colluded in ONGC cement tenders. Investor sentiment weakened amid fears of penalties and reputational damage.
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