Share market update: Cement stocks mixed; Barak Valley Cements slips 5%

NEW DELHI: Most cement stocks were trading on a mixed note in Monday's afternoon session.

Shares of Barak Valley Cements (down 5 per cent), Udaipur Cement Works (down 2.88 per cent), SKCIL (down 2.24 per cent), Panyam Cements & Mineral Industries (down 1.99 per cent), JK Lakshmi Cement (down 1.62 per cent), K C P (down 1.31 per cent), Shree Cement (down 1.21 per cent) and Gujarat Sidhee Cement (down 1.04 per cent) slumped up to 5 per cent.

Meanwhile, Sahyadri Industries (up 5.01 per cent), Keerthi Industries (up 5.00 per cent), Raasi Refractories (up 4.95 per cent), Indian Hume Pipe Company (up 4.67 per cent), Vesuvius India (up 2.34 per cent), Deccan Cements (up 2.05 per cent), Rain Industries Ltd (up 2.04 per cent), Kakatiya Cements Sugar & Industries (up 1.63 per cent), Orient Cement Ltd (up 1.42 per cent), India Cements (up 0.95 per cent) and The Ramco Cements (up 0.94 per cent) were trading higher.


The NSE Nifty50 index was trading 86.70 points up at 11,875.55 while the 30share BSE Sensex was up 326.75 points at 39,721.39 at around 02:38 pm.

Tata Motors (up 3.88 per cent), Dr. Reddy's Laboratories (up 3.73 per cent), Zee Entertainment Enterprises (up 3.65 per cent) and Indiabulls Housing Finance (up 2.50 per cent) were among the top gainers in the Nifty pack.

On the other hand, Oil And Natural Gas Corporation (down 3.85 per cent), Bharat Petroleum Corporation (down 3.02 per cent), Indian Oil Corporation (down 2.44 per cent) and Coal India (down 1.46 per cent) were trading in the red.