ACC, Ambuja pin hopes on continued demand for cement
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ACC, Ambuja pin hopes on continued demand for cement

08 Nov 2012 1 Min Read CW Team

Cement companies extended a recent winning streak on continued hopes that cement prices will rise on the back of stronger seasonal-related demand.

ACC gained 2.6 per cent, up for a fifth consecutive session, also helped after reporting last week October cement shipments rose by 3.5 per cent, in what was a sturdier performance than expected.

Ambuja Cements gained 2.6 per cent, up for a fourth session.

Cement companies extended a recent winning streak on continued hopes that cement prices will rise on the back of stronger seasonal-related demand. ACC gained 2.6 per cent, up for a fifth consecutive session, also helped after reporting last week October cement shipments rose by 3.5 per cent, in what was a sturdier performance than expected. Ambuja Cements gained 2.6 per cent, up for a fourth session.

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