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Cement makers decline on falling prices

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Reuters

Reuters Market Eye - Cement makers decline on worries about falling cement prices due to a slowdown in construction activity.

ICICI Securities estimates average prices for cement settled at 289 rupees per bag this month from 304 rupees last month, according to a report from its retail unit ICICI direct.com.

ACC falls 2.52 percent, Ambuja Cements is 2.06 percent lower and UltraTech Cement is down 1.87 percent.

(Reporting by Himank Sharma)

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First Published: Dec 30 2013 | 4:04 PM IST

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