The shares of Ultra Tech Cement are currently trading higher at Rs. 969, up 1.8%. While Ambuja Cement and ACC are marginally up at Rs. 124 and Rs. 1,009 respectively.
The Cement companies in the Western part of India are reportedly said to hike the prices by Rs.7-10 per 50kg bags due to revival in demand.
According to reports, Ultra Tech, Ambuja, ACC, Binani and India Cements are among the few companies who have hinted about the proposed hike in prices of cement.
The shares of Ultra Tech Cement are currently trading higher at Rs. 969, up 1.8%. While Ambuja Cement and ACC are marginally up at Rs. 124 and Rs. 1,009 respectively.
Meanwhile, Binnani Cement and India Cement are in the red with the loss of Rs. 0.5 and Rs. 0.1, respectively.
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