NCL Industries

The price-to-moving averages hints at a favourable trend for India Cements; similarly, select technical factors augur well for cement stocks such as Ambuja Cements, Ramco Cements and NCL Industries.

NCL Industries shares fell 3 per cent, driven by a decline across key product segments for the first quarter

In its Q3 update, the company said its cement production in the quarter dropped 12 per cent to 661,049 MT as compared to 749,703 MT a year ago

As per media reports, Adani Group was evaluating multiple cement companies like Penna Cement, Saurashtra Cement, JP Associates' cement business & Vadraj Cement for acquisition.

From January 15 to February 5, interested and qualified applicants can submit their applications for the 2024 NCL Assistant Foreman recruitment through the official website at nclcil.in

The stock soared 19% to Rs 158, also its fresh 52-week high on the BSE in intra-day trade