India's NCL Industries drops as cement production falls

Ncl Industries

10/07/2025 07:29

** Shares of NCL Industries NCLI.NS fall 3.8% to 214.8 rupees, their biggest intraday pct loss in over 2 months

** Cement maker's Q1 cement production dropped 5% Y/Y, it reported in an exchange filing on Wednesday

** NCLI breaches 50-day moving average to trade below it

** Stock down 2.5% YTD

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))