Cement shares on a roll

04 Feb 2021 Editorial Team

Cement manufacturer shares rocketed this week, with industry giants Ambuja Cements, Shree Cement, UltraTech Cement, Grasim Industries and ACC rising to 8% on the Bombay Stock Exchange (BSE) as the union budget provided a sharp increase in capital expenditure (capex) allocation, and even though real estate received only a mention in the “affordable” segment.

The major thrust on infrastructure spending by the Centre in the Budget 2021 comes as a boost for construction materials such as steel and cement. A higher allocation towards capital expenditure focusing on infra, roads, and railways is expected to offer a significant growth impetus to the economy, as per analysts.

UltraTech Cement hit a record high of Rs 6,180 among individual stocks, after rallying 8% on the BSE. The stock crossed its previous high of Rs 5,832 in January 2021.

Shree Cement hit a new high of Rs 26,500 too, up 8%, trading above its previous high of Rs 25,980 touched January. Ambuja Cements and Grasim Industries were up 7%, while Ramco Cements and ACC were up 6% each on the BSE.

To know current cement prices click here

Image Source

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

Make in Steel 2021

24 February

Click for event info

Infrastructure Urban

09 Apr 2026

Mineral Auction Rules Amended To Speed Mine Operationalisation

The Ministry of Mines notified the Mineral (Auction) Second Amendment Rules, 2026 on 30 March 2026 to accelerate operationalisation of mines and improve ease of doing business in the mining sector. The amendment follows a prior change to the Mineral (Auction) Rules, 2015 effected on 17 October 2025 that introduced intermediary timelines between issuance of a letter of intent (LoI) and execution of the mining lease. The 2025 change provided that one per cent of performance security would be appropriated for each month of delay by the preferred bidder and introduced incentives for early operatio..

Indian Railways Strengthens Telecom And AI Safety Systems

Indian Railways strengthened its telecom and digital infrastructure during 2025-26 with the aim of improving safety, operational efficiency and the passenger experience. The programme promoted modernisation through advanced technologies, robust communication systems and passenger-centric solutions. These measures were presented as part of a drive to build a digitally integrated rail ecosystem. A key development was the enhancement of the Internet Protocol Multi-Protocol Label Switching (IP MPLS) backbone, commissioned at 1,396 stations to meet bandwidth needs of mission-critical applications. ..

NHAI Holds Workshop on Litigation Management and Coordination

The National Highways Authority of India (NHAI) organised a day-long workshop in New Delhi to strengthen capacity and interdepartmental synergy for faster execution of national highway projects. The event was held under Mission Karmayogi – Sadhana Saptah, an initiative of the Government of India to enhance governance through capacity building and improved processes. The workshop focused on structured and solution oriented deliberations to address implementation constraints. The session was chaired by the NHAI chairman Santosh Kumar Yadav and brought together senior officials from NHAI, the M..