India's Star Cement jumps as unit declared preferred bidder for limestone blocks

Star Cement

01/10/2024 09:28

** Shares of India's Star Cement  STAT.NS  climb 6.5% to 213
rupees 
    ** Co said its unit was declared preferred bidder for
limestone blocks in Rajasthan; limestone is key raw material in
cement production 
    ** Stock set to snap eight-session losing streak
    ** Trading vols 1.3x 30-day avg of 531,000 shares 
    ** YTD stock has gained over 19% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))