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Cement stocks benefit by proposal to develop 100 smart cities

10 Jul 2014 Evaluate

Cement stocks such as Ultratech Cement and ACC have gained as FM announced to give Rs 7,060 crore to develop 100 smart cities.

Ultratech Cement is currently trading at Rs 2500.00, up by 5.10 points or 0.20% from its previous closing of Rs. 2494.90 on the BSE. The scrip opened at Rs. 2505.00 and has touched a high and low of Rs. 2515.00 and Rs. 2470.00 respectively. So far 6091 shares were traded on the counter.

ACC is currently trading at Rs 1436.00, up by 3.00 points or 0.21% from its previous closing of Rs. 1433.00 on the BSE. The scrip opened at Rs. 1440.00 and has touched a high and low of Rs. 1450.00 and Rs. 1412.00 respectively. So far 12316 shares were traded on the counter.

 

Peers
Company Name CMP
Ultratech Cement 12510.00
Ambuja Cements 395.90
ACC 1246.50
Shree Cement 25093.00
Dalmia Bharat 1495.15
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