Heidelberg Cement, JK Cement, JK Lakshmi Cement hit 52-week highs
Shares of cement manufacturing companies were trading higher by up to 11 per cent on the BSE on back of heavy volumes on expectation of strong demand for cement in the second term of the National Democratic Alliance (NDA).
India Cements, JK Lakshmi Cement, Orient Cement and HeidelbergCement India were up 5 per cent to 11 per cent, while J K Cement, ACC, Ambuja Cements, UltraTech Cement were up 3 per cent to 4 per cent on the BSE. At 02:52 pm; the S&P BSE Sensex was up 1.4 per cent at 39,360 points.
HeidelbergCement (up 8 per cent at Rs 210), JK Lakshmi Cement (6 per cent at Rs 387) and JK Cement (3 per cent at Rs 1,023) hit their respective 52-week highs on the BSE in intra-day trade.