India's NCL Industries up on rise in Q4 cement production

Ncl Industries

09/04/2024 07:08

** Shares of NCL Industries  NCLI.NS  rise as much as 5.5%
to 224.2 rupees; last up 2.7%
    ** The cement maker on Monday said its cement production for
March-qtr was up 4% YoY, ready mix concrete (RMC) production up
23%
    ** Stock on track to snap two consecutive sessions of
losses, if trend holds 
    ** NCLI down 1.8% YTD, while peers Shree Cement  SHCM.NS ,
Ultratech Cement  ULTC.NS  and Dalmia Bharat  DALB.NS  are down
between 5.5%-11.3%

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))