Cement stocks are in focus after companies raised cement prices in Mumbai by 9-20 percent in January, Cogencis reported, quoting sources.
Major cement players such as ACC, Ambuja Cements raised prices in Mumbai by up to 13 percent in January. UltraTech too hiked prices by 12 percent along with Sanghi Industries .
At 13:39 hrs ACC was quoting at Rs 1,820.95, up 0.16 percent and Ambuja Cements was quoting at Rs 277.50, up 1.19 percent.
UltraTech Cement was quoting at Rs 4,444.55, up Rs 33.75, or 0.77 percent.
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