New wage settlement deal boosts cement sector, stocks surge up to 7%
Updated : February 27, 2019 12:58 PM IST
Cement stocks have been surging in trade since one week on the back of new wage settlement pact signed by Cement Manufacturers Association.
UltraTech Cement shares gained 3.24 percent intraday on BSE. Ambuja Cements rose by 3.48 percent, Shree Cement jumped by 3.44 percent and ACC Ltd went up by 5.27 percent.