India Cements logo

INDIACEM - India Cements News Story

₹172.75 2.9  1.7%

Last Trade - 13/04/21

Sector
Basic Materials
Size
Mid Cap
Market Cap £519.6m
Enterprise Value £800.9m
Revenue £409.1m
Position in Universe 393rd / 3106

BUZZ-Indian cement cos' shares rise as govt allows petcoke import as feedstock

Fri 17th August, 2018 11:02am
** Shares of Shree Cement Ltd  SHCM.NS  rise as much as 5.2
pct, India Cement Ltd  ICMN.NS  rise as much as 6 pct in
afternoon trade
    ** ACC Ltd rises 2.7 pct to its highest since April 19 of
1,601.65 rupees
    ** Indian govt on Friday allows import of petcoke for use as
feedstock in cement, lime kiln, calcium carbide and gasification
industries  urn:newsml:reuters.com:*:nL4N1V836Q
    ** Usage of petcoke was under scrutiny due to rising
pollution levels in major cities 
    ** Orient Cement Ltd  ORCE.NS  shares rise as much as 11.2
pct to 127.45 rupees, its best day since July 24
    ** Ramco Cements Ltd  TRCE.NS  shares rise as much as 3.8
pct to 684.6 rupees, their highest in nearly 2 weeks

 ((Reuters Messaging: sharnya.g.thomsonreuters.com@reuters.net))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.