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4 min read | Updated on August 27, 2026, 15:15 IST
SUMMARY
About 13 out of the 16 stocks that constitute the NIFTY Cement index declined, while the remaining three advanced.
Stock list

The top losers in the NIFTY Cement index included Ramco Cement, Orient Cement, Shree Cement, ACC Ltd and Ambuja Cement. | Image: Shutterstock
The NIFTY Cement index, the sectoral index tracking the performance of stocks from the Nifty Total Market Index that belong to the Cement & Cement products industry, fell as much as 1.3% to hit an intraday low of 14,915.05 on August 27, compared to the closing of 15,105.60 in the previous session.
At around 2:56 PM, the index was trading lower by 1.15% or 173 points to trade at 14,932.60. It has lost 3% over the month and 7% in the past six months. On a year-to-date (YTD) basis, the index has tumbled nearly 10%.
About 13 out of the 16 stocks that constitute the index declined, while the remaining three advanced.
The top losers in the index included Ramco Cement, Orient Cement, Shree Cement, ACC Ltd and Ambuja Cement. On the other hand, Nuvoco Vistas Corporation, JSW Cement and UltraTech Cement were the top gainers.
Shares of Ramco Cement dropped as much as 5.3% to hit an intraday low of ₹891.10 per unit on the National Stock Exchange (NSE) on Thursday, August 27, as investors booked profits.
Recently, on August 24, the company notified the exchanges that it will no longer be required to pay ₹160 per limestone towards Mineral Bearing Land Tax, with effect from August 22, 2026.
At the time of writing, the stock was trading 4.61% lower at ₹897.25 per equity share. The scrip has lost more than 1% in the past week and nearly 3% over the month. On a YTD basis, it has fallen 15%.
The Mines and Minerals (Development and Regulation) Amendment Act, 2026 (MMDR), was enacted on August 13, with a view, inter alia, to regulate and restrict the imposition of certain taxes, cesses and other levies by state governments in respect of mineral rights and mineral-bearing lands.
“The amendment provides restrictions on the imposition of any levy on mineral rights or mineral-bearing lands, except in accordance with such conditions or restrictions as may be prescribed by the Central Government,” the company said.
It added that it has been incurring an amount of ₹160 per tonne of limestone towards Mineral Bearing Land Tax in Tamil Nadu.
“The cessation of this levy is expected to result in a corresponding reduction in the Company's operating costs and consequently have a favourable impact on the Company's profitability and cash flows,” it had said.
The stock of Orient Cement fell as much as 2.22% to touch the session’s low of ₹131.50 per equity share, as against the previous closing price of ₹134.48 apiece. At the time of writing, the scrip stood at ₹131.67 per unit, down by 2.09%.
The shares have advanced nearly 1% in the past week but lost 3% over the month. On a YTD basis, it has tumbled 24%. While its stock hit a 52-week high of ₹238.07 on August 26, 2025, it touched a year’s low of ₹122.32 on March 30, 2026.
Ambuja Cements shares declined as much as 1.6% to reach the intraday low of ₹412.30 per unit, as against Wednesday’s closing price of ₹419.20 apiece. The stock was trading 1.55% lower at ₹412.70 per equity share at the time of writing.
The scrip has fallen 4% over the month and 26% YTD. While it hit its 52-week high of ₹600.80 per equity share on September 22, 2026, it touched a year’s low of 394 on March 23, 2026.
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