Normally, cement stocks soften when the monsoon begins.
This year seems to be an exception as the table below shows:
Symbol | Close on 30 May,2014 | Close on 18 June,2014 | Gain |
AMBUJACEM | 217.6 | 221.5 | 1.79% |
BIRLACORPN | 361.55 | 386.95 | 7.03% |
SHREECEM | 6851.05 | 7335.5 | 7.07% |
ACC | 1337 | 1475.2 | 10.34% |
INDIACEM | 99.85 | 114.05 | 14.22% |
MANGLMCEM | 182.75 | 210.1 | 14.97% |
OCL | 226.7 | 263.15 | 16.08% |
ULTRACEMCO | 2382.2 | 2805.1 | 17.75% |
JKCEMENT | 333.65 | 406.4 | 21.80% |
KAKATCEM | 90.9 | 113.05 | 24.37% |
JKLAKSHMI | 190.4 | 238.1 | 25.05% |
PRISMCEM | 59.3 | 75.65 | 27.57% |
NCLIND | 25.85 | 33.8 | 30.75% |
BURNPUR | 10.1 | 13.3 | 31.68% |
DALMIABHA | 373.55 | 496 | 32.78% |
KCP | 36.95 | 49.65 | 34.37% |