ACC shares up 3% as cement grinding unit gets stabilised

It said, “Following the completion and commencement of commercial production of the new clinkering line at Jamul in Chattisgarh in July 2016, operations of the new cement grinding unit in Jamul which went into commercial production from September 14, 2016, have also been successfully stabilized.”

ACC shares up 3% as cement grinding unit gets stabilised
At 3.08 pm, following the report shares of ACC surged by Rs 45 or 2.77% on BSE, trading at Rs 1671.05. Photo: Pixabay

Cement manufacturer ACC (India) on Monday said that the company's cement grinding units in Jamul has stabilised. 

It said, “Following the completion and commencement of commercial production of the new clinkering line at Jamul in Chattisgarh in July 2016, operations of the new cement grinding unit in Jamul which went into commercial production from September 14, 2016, have also been successfully stabilized.”

This cement grinding unit is expected to go on stream in November 2016. 

At 3.08 pm, following the report shares of ACC surged by Rs 45 or 2.77% on BSE, trading at Rs 1671.05.

ACC said,"The cement dispatched from this new grinding unit has been well-accepted in the market."
 

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Written By: ZeeBiz WebTeam
Updated: Mon, Oct 10, 2016
03:13 pm
Mumbai, ZeeBiz WebDesk
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