Cement stocks in focus: UltraTech, ACC up over 3% on likely demand pick-up

Orient Cement, Star Cement, India Cements, JK Lakshmi Cement, HeidelbergCement India, Ramco Cements, Shree Cement and Dalmia Bharat from the S&P BSE 500 index were up more than 3 per cent each.

Shares of cement manufacturers were in demand, gaining up to 8 per cent on the BSE on Thursday, on expectations that the government's recent push towards infrastructure creation will lead to price hike on the back of increased demand.

UltraTech Cement, Ambuja Cements, ACC, Orient Cement, Star Cement, India Cements, JK Lakshmi Cement, Prism Johnson, Heidelberg Cement India, Ramco Cements, Shree Cement, and Dalmia Bharat from the S&P BSE 500 index were up more than 3 per cent each. In comparison, the S&P BSE Sensex was up 0.36 per cent at 41,455 points at 10:50 am.

The government, recently, introduced a detailed