ACC, Ambuja Cement, UltraTech Shares Jump As GST Declines On Cement To 18% From 28%

ACC Ltd., Ambuja Cement Ltd., and UltraTech Cement Ltd. share prices jumped in Thursday's session as the Goods and Services Tax on cement fell to 18% from 28%. The latest rate revision was part of the GST reforms which will come into effect from Sept 22.