Wednesday, June 5, 2013

Cement stocks fall on worries over early monsoon

5 Jun, 2013:--



Cement makers Ambuja Cements, ACC and UltraTech Cement fall as the early arrival of monsoon rains is seen likely to hurt construction activity.

UltraTech Cement Ltd.



Cement makers Ambuja Cements Ltd, ACC Ltd and UltraTech Cement LtdBSE -1.06 % fall as the early arrival of monsoon rains is seen likely to hurt construction activity in the coming months.



Ambuja Cements falls 2.04 per cent, while ACC drops 1.85 per cent and UltraTech is down 1.31 per cent.



The monsoon rains, which run from June to September, hit the southern coast last week, and are exacted to make an early arrival in other parts of the country.




News From: http://www.7StarNews.com

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