Cement firms told to deposit Rs 630 crore

Sudarshan Sukhani of s2analytics.com advised holding UltraTech Cement. According to him, it is a good quality stock.

Shares in cement companies such as Ambuja Cements Ltd gained on hopes a regulatory tribunal may rule in their favour as they challenge price collusions charges from the Competition Commission of India. A judgement on the case pitting cement ...

Sudarshan Sukhani of s2analytics.com suggest buying UltraTech Cement on decline. Meanwhile, he said one should avoid NTPC.

UltraTech Cement is currently trading at Rs. 1957.40, up by 3.95 points or 0.20% from its previous closing of Rs. 1953.45 on the BSE. The scrip opened at Rs. 1939.00 and has touched a high and low of Rs. 1968.00 and Rs. 1930.00 respectively. So far ...

Vishal B Malkan of malkansview.com is of the view that Ultratech Cement can go upto Rs 2,200-2,250.

After opening with a gap-up, the Ni fty traded in a narrow range and consolidated its previous days gains. It closed 23 points higher. ICICI direct.com

The Competition Appellate Tribunal (COMPAT) has asked 11 cement companies, which were together asked to pay a penalty of Rs 6,000 crore by the Competition Commission of India in June 2012, to pay Rs 630 crore or as penalties within the next four ...

Cement makers such as Lafarge India, ACC Ltd, UltraTech Cement Ltd and Dalmia Bharat Ltd are expanding capacity despite a glut because they anticipate an increase in demand from construction and infrastructure projects ahead of national election, to ...

PTI reported UltraTech plans to expand its capacity at Aditya Cement Works in Rajasthan by 2.90 million tonnes per annum including setting up of two grinding units. The expansion envisages a capital outlay of INR 2,000 crore. The additional capacity ...