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Mid-cap cement player Prism Cement is gaining on positive market sentiment on cement sector stocks. The stock has gained as much as 20 per cent over the last five trading sessions. The market buzz is that the Hyderabad-based company is planning to enter the infrastructure sector in a big way.

The reported statement by the German cement major Heidelberg that it was in talks with a few South-based cement makers for acquisitions is also being used by speculators to drive up the stock price, dealers said. On the BSE, it closed at Rs 30.65, compared to Rs 25.55 on March 21 (last Tuesday).

Rajesh Abraham

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