ACC, Ambuja Cements

Stocks down 1-2%

CCI (in order after market hours) levied Rs 6,200 Cr (50% of FY10, FY11 profits) fine on 11 cement companies

Companies penalised include ACC (Rs 1147.59 Cr), Ambuja Cements (Rs 1163.9 Cr), JK Cement, India Cements, Madras Cement, Century Cements, Lafarge, Grasim Cement (merged with Ultratech Cements), Jaypee Cements, Binani Cements & Ultratech Cements