NEW DELHI/MUMBAI: Cement manufacturing companies have raised cement prices by Rs10-12 per bag in West Bengal, Bihar and Orissa regions, according to sources.
Currently cement prices are at Rs 220-240 per bag in the eastern region. With monsoon season coming to an end, cement prices are expected to firm up going forward. In the last couple of months leading manufacturers have seen slowdown in sales which has resulted in inventory pile-up.
At 12:57AM, shares in Century Textiles & Industries Ltd gained 2% to trade at Rs 316, Ambuja Cement up 0.5%, Birla Corporation Ltd up nearly 3% to Rs 319.95 and ACC rose 1.5%.
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