Cement has switched more expensive by around Rs25 a bag

Cement has switched more expensive by around Rs25 a bag for consumers in south India on account of the continuing agitation in AP for a Telangana.

Cement is sold at Rs280-Rs310 per bag in comparison with Rs265-Rs285 last month, based on industry sources.

The raise in cost has been primarily pushed by acute deficiency of coal for cement firms in AP, that cater to need in key southern_markets apart from AP.

“As coal supply has been touched on account of the common strike in Singareni, the industry needs to import coal – that is 30per cent more expensive – for clinker manufacturing,” Mr S.V.S. Shetty, Ceo, Anjani Portland Cement Limited, informed Business Line.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

What Is Bear Market?

What Is Bear Market? [ad name="468x15- 5 link"] A bear market is happens when a major index encounters a drop of 20% or higher from the most recent high point. ...…

What is Support And Resistance?

What is Support And Resistance? One of several interesting phenomena of share markets that are usually catchy is a activity of share prices at the blink of eyes. At one ...…

IPO Prospectus?

IPO Prospectus? A lot of new firms move public issues. Although a lot of these firms are genuine, quite a few may wish to exploit the investors. ...…

What Are The Securities Anyone Can Invest In?

What Are The Securities Anyone Can Invest In? * Stocks * Derivative products * Government Securities * Units of MF (Mutual Funds) for example., are a few of the stock investors in the securities market can ...…

Role Of Primary Market

Role Of Primary Market The primary market's offers the route for sale of fresh securities. Primary market offers chance to companies of securities; Govt as well as corporates, to ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics