The renewed investor interest in the cement shares came on the back of reports that cement dealers have initiated price hikes since the start of December
The fall in the share price came after the company witnessed a mixed set of June quarter (Q1FY25) results
At 6:40 AM, GIFT Nifty futures traded steady at 24,620, indicating a subdued start for the markets.
The stock surged 9% to Rs 36.20, extending its Wednesday's nearly 7% rally on BSE.