India Cements up cargo vessel buy

MUMBAI: India Cements has acquired a second bulk cargo carrier with capacity of 38,002 DWT from Essar Shipping. Earlier the company had purchased a vessel of capacity 41,824 DWT, from Cyprus' Markbright Marine. At 1:18 pm, India Cements shares were up 1.97 per cent at Rs 215 while that of Essar shipping were down 0.63 per cent at Rs 204.50 on BSE.