Cement Stocks: ACC jumps 0.75%, UltraTech Cement rises 0.45%, Shree Cement up 0.23% as GST slashed to 18% from 28% Tezzbuzz  |  04/09/2025 13:24:23

Cement stocks rallied in Thursday’s session after the GST Council slashed tax on cement from 28% to 18%, a move set to make construction materials more affordable. The revised rates will come into effect from September 22 under the new two-slab GST structure.

As of 10:19 AM, cement stocks traded mixed in Thursday’s session as investors tracked sector updates and GST rate changes. On the NSE, ACC rose 0.75% to ₹1,857, while Ambuja Cements held steady at ₹573.75. The sector leader, UltraTech Cement, gained 0.45% to ₹12,790, and Shree Cement inched up 0.23% to ₹30,010.

Several mid-cap names also saw strong moves. CCL International jumped 9.58%, while Nuvoco Vistas surged 3.07%. Orient Cement added 1.48% and JK Cement gained 0.84%. On the downside, India Cements slipped 1.04% to ₹399.55, while Ramco Cements fell 1.05% to ₹1,073.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Aman Shukla is Senior Editor at BusinessUpturn.com, overseeing coverage across the Business, Finance, Corporate, and Stock Market segments. He specializes in communication and content writing, while managing editorial operations across these key sectors.

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