 "cement")
Shares of cement manufacturers continued their upward movement on Tuesday as analysts believe cement spreads (price minus power and fuel and freight costs) are expected to remain strong in October-March period (H2FY21) on expected pricing strength even as variable costs rise.
Among individual stocks, Shree Cement, JK Cement and Ramco Cement hit their respective life-time highs, while ACC, Dalmia Bharat and Grasim Industries touched their respective 52-week highs on the BSE. Most of these stocks were trading higher in the range of 2 per cent to 6 per cent as compared to a 0.45-per cent rise in the S&P BSE
