India: cement companies rally on price hike reports

India: cement companies rally on price hike reports
Published: 20 August 2010

Shares of cement companies zoomed higher after reports that the Maharashtra based cement companies have hiked price by INR20 per 50kg from today.

ACC was up 2.95 per cent, Ambuja Cement gained 5.62 per cent, Ultratech Cement advanced 2.39 per cenet, Heidelberg Cement rallied 3.62 per cent, India Cement moved 4.03 per cent higher, Rain Commodities rallied 12.92 per cent.