ACC drops after suspending limestone mining operations
ACC dropped 0.79 per cent to Rs 1,470 on BSE after the limestone mining operations at its Chaibasa cement works suspended on account of requirement of further clearances from the Government of Jharkhand.
The company made announcement after market hours on Friday, July 3, 2015. Shares of the cement manufacturer hit a high of Rs 1,475 and a low of Rs 1,464.10 so far during the day.
The company is in discussion with concerned authorities and expects limestone mining operations to resume shortly.