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Cement shares gain; Dalmia Bharat, OCL India, Shree Cement hit new high

OCL India, Dalmia Bharat, Sanghi Ind, HeidelbergCement India and Shree Cement were up over 3%

Shree Cement: Compelling but expensive growth story
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SI Reporter Mumbai
Shares of cement companies were trading higher by up to 12% after reporting a good set of numbers for the quarter ended March 2017 (Q4FY17).

OCL India, Dalmia Bharat, Sanghi Industries, HeidelbergCement India and Shree Cement were up in the range of 3% to 12%, while ACC, UltraTech Cement and Ambuja Cements up 1% each on BSE.  On comparison, the S&P BSE Sensex was up 0.31% at 30,341 at 12:35 pm.

Dalmia Bharat, JK Cements, OCL India and Shree Cement have hit their respective all-time highs on BSE in intra-day trade today.

Dalmia Bharat soared 8% to