Business Daily from THE HINDU group of publications
Friday, May 9, 2008 ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

Update at 1200 hrs (IST)


Markets
Cement shares turn weak on ACC's plan to hold price

MUMBAI: Cement shares turned weak on Friday after cement manufacturer ACC Ltd informed that it has decided to hold cement prices over the coming 2-3 months to contain inflation. The company said it is taking all steps necessary to ensure that production is maintained at peak levels at all its plants.

At 11.45 am, ACC declined 2.15 per cent at Rs 728.30, UltraTech Cement also shed 1.65 per cent at Rs 706 and Ambuja Cement also lost 1.25 per cent at Rs 111.70 on the NSE

Related Stories:
Tinkering with duty irks cement cos
Profit margins squeezed, cement cos raise concerns

Prev: Sensex slips
Next: Rupee up


Business Line | NUS Index |


Related Topics
A Ringside View
ADR Watch
Asset Management Companies
Bonus Announcements
Buyback
Cartoon
Chat
Commentary
Debt Market
Derivatives Markets
Ear to the ground
Economic Offences
Financial Markets
Financial Services
F & O Outlook
Foreign Institutional Investors
Insight
Interview
Investment Banking
Investments
Investor Grievances
Investor Protection
IPOs
Mergers & Acquisitions
Mutual Funds
Mutual Confidence
New Fund Offer
Open Offers
Outlook
Overseas Borrowings
Overseas Investments
People
Preferential Allotments
Private Placement
Public Offer
Recommendation
Regulatory Bodies & Rulings
Rights Issue
Sensor
Stock Exchanges
Stock Markets
Stocks
Taxation
Technical Analysis
Venture Capital



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line