Cement Sector

Sensex Trades Firm, Cement Stocks Shine

Holcim will buy more in Stake Ambuja Cement; Open offer at Rs 154

Holcim Cement CompanyThe world’s second-largest cement company Holcim is all set to buy co

Grasim Ind Surges 4.06%

Grasim IndustriesGrasim Industries has touched the level of Rs 2,837.70, up Rs 110.75, or 4.06%. The scrip opened strong and was up by 3 % with in first few minutes of trade. The highest level during the early trading hours was Rs 2,839.50. The intraday low of the stock was Rs 2,750.

India Cements Has Support At Rs 200 - Prakash Gaba

India Cements Ltd.According to technical analyst, Prakash Gaba that India Ce

Grasim Gears Down on Continued Selling Pressure

Grasim IndustriesToday, Grasim Industries is quoting at Rs 2,776, down Rs 102.7, or 3.57%, and touched an intraday high of Rs 2,845 and an intraday low of Rs 2,740.

The trading volume of the scrip is 19,597 shares. Yesterday the share ended weak at Rs 2,878.70 after losing 57.85 points.

ACC Is better bet compared to Mysore Cements

Ganesh Shanbhag,ACC Cements SMS Financial Services is of the view that investors should go for ACC to Mysore Cements at existing level.

Shanbhag told, “There has been a turnaround in Mysore Cements. We also know that Heidelberg has picked up a stake in this company also and I am sure going forward, it will show positive results but the equity-turnover ratio here is quite skewed. For this company to really ramp up their turnover and then show a bottomline might take at least two years from hereon.”

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