Indian cement cos' shares rise as govt allows petcoke import as feedstock
17/08/2018 11:02
** 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))