Grasim edges up after hike in cement prices
Dalal Street Spikes
| The counter moved up on the back of reports that cement manufacturers in the south had hiked prices by Rs 10 per bag. This follows a Rs 30 per bag raise less than two weeks back. |
| The company is one of the big players in the south and the largest cement maker in India following the acquisition of L&T's cement division. |
| For the second quarter ended 30 September 2003, Grasim reported a 58 per cent rise in net profit at Rs 202.98 crore (Rs 128.67 crore). |