Moneycontrol BureauShares of UltraTech Cement touched 52-week high of Rs 4,023.05, rising 3.5 percent intraday Wednesday as RBI increased FII investment limit in the company.The Reserve Bank of India (RBI) has increased Foreign Institutional Investors (FIIs) / Registered Foreign Portfolios Investors (RFPIs) investment limit up to 30 percent in the paid up share capital of the company under the portfolio investment scheme.The purchase could be made through primary market and stock exchanges.At 09:55 hrs UltraTech Cement was quoting at Rs 4,009.55, up Rs 120.90, or 3.11 percent on the BSE.Posted by Rakesh Patil
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