Axis MF, GQG Partners, others buy stake in Ambuja Cements worth ₹4,250 crore
[ad_1] Rajiv Jain-backed GQG Partners purchased more than 4.39 crore shares, amounting to a 1.78 per cent stake in Ambuja Cements through bulk and block deals in two separate transactions. The shares were bought at an average price of ₹625.50 apiece, taking the combined deal value to ₹2,746.79 crore. Post-stake buy, Fort Lauderdale-based asset management…