Cement prices have been raised by INR25/bag in Eastern UP to INR225, and by 10-15/bag in Delhi, Punjab and Rajasthan. Companies operating in these areas are ACC, Ambuja, Ultratech, JP Associates, Birla Corp, Shree Cements.
According to a report by Sharekhan Ltd. dealers are of the view that market will find it difficult to absorb the present price hike given the current demand scenario.
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