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Cement shares fall as CCI slaps Rs 6,700 crore fine on 11 companies

ACC Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 500410 | NSE: ACC

01 Sep 2016 Evaluate

Shares of select cement companies trading lower in early deals after the Competition Commission of India (CCI) has imposed more than Rs 6,700 crore penalties on 11 cement companies for cartelisation.

ACC is currently trading at Rs. 1683.20, down by 24.45 points or 1.43% from its previous closing of Rs. 1707.65 on the BSE. The scrip opened at Rs. 1670.00 and has touched a high and low of Rs. 1690.00 and Rs. 1664.00 respectively. So far 19018 shares were traded on the counter.

Jaiprakash Associates is currently trading at Rs. 11.24, down by 0.42 points or 3.60% from its previous closing of Rs. 11.66 on the BSE. The scrip opened at Rs. 11.50 and has touched a high and low of Rs. 11.50 and Rs. 11.08 respectively. So far 1578356 shares were traded on the counter.

Ambuja Cements is currently trading at Rs. 274.55, down by 4.45 points or 1.59% from its previous closing of Rs. 279.00 on the BSE. The scrip opened at Rs. 273.00 and has touched a high and low of Rs. 275.80 and Rs. 272.40 respectively. So far 61925 shares were traded on the counter.

The Competition Commission of India (CCI) has imposed more than Rs 6,700 crore penalty on 11 cement companies i.e. Jaiprakash Associates, UltraTech, Binani, Ramco, JK Cement, Lafarge, India Cements, ACL, ACC, Century, Shree Cement, besides Cement Manufacturers’ Association (CMA) - for cartelisation.

The final order has been passed by CCI, pursuant to the directions issued by the Competition Appellate Tribunal (CAT) remanding the matter back, while setting aside the original order of the fair trade regulator, which had had also imposed fine on cement companies.

CCI has imposed fine of Rs 1,323.60 crore on Jaiprakash Associates, Rs 1,147.59 crore on ACC, Rs 1,163.91 crore on ACL, Rs 167.32 crore on Binani, Rs 274.02 crore on Century, Rs 187.48 crore on India Cements, Rs 128.54 crore on JK Cement, Rs 490.01 crore on Lafarge, Rs 258.63 crore on Ramco and Rs 1,175.49 crore on UltraTech.

ACC Share Price

1431.85 -11.05 (-0.77%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Ultratech Cement	11887.30
Ambuja Cement	458.95
ACC	1431.85
Shree Cement	25301.95
Dalmia Bharat	1972.55
View more..

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Cement shares fall as CCI slaps Rs 6,700 crore fine on 11 companies

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