Cement stocks gain as Govt to consider review of 28% GST levied on cement
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Stocks related to the cement industry gained on the BSE, after Finance Minister Nirmala Sitharaman said that the government will consider a review of the 28 per cent Goods and Services Tax (GST) levied on cement.
JK Cement is currently trading at Rs. 2744.45, up by 109.20 points or 4.14 % from its previous closing of Rs. 2635.25 on the BSE.
The India Cements is currently trading at Rs. 193.60, up by 5.60 points or 2.98% from its previous closing of Rs. 188.00 on the BSE.
Ultratech Cement is currently trading at Rs. 7225.00, up by 151.90 points or 2.15% from its previous closing of Rs. 7073.10 on the BSE.
Star Cement is currently trading at Rs. 113.80, up by 1.30 points or 1.16% from its previous closing of Rs. 112.50 on the BSE.
