Money Tree

The cement companies have raised the prices of cement by Rs. 3 to Rs. 5 per 50 Kg bag across India as per the reports displayed in a business news channel. The move comes after the Finance Minister Mr. P Chidambaram said on a news channel that the Government is not controlling cement prices and there is a free play in the market. The cement stocks are up on the back of this news, ACC is up 3 percent at Rs. 970, Gujrat Ambuja is up 3 percent at Rs. 129 and Grasim Industries is up more than 1 percent at Rs. 2734.