DSIJ Mindshare

The share price of Sagar Cements recorded a sharp hike of 2 per cent during Tuesday’s trade as the company announced that its board has approved the acquisition of two mini hydel power plants in Andhra Pradesh.

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Since LTCG (Long term capital gain) tax was re-introduced in the Union Budget 2018, many insurance companies have been highlighting the tax-free nature of ULIPS. But the tax incentive should not be the sole factor to take a investment decision. There are some other factors where mutual funds are the best bets instead of ULIPs.

The board of ACC has decided to not go ahead with the proposed merger with Ambuja Cements Limited (ACL) for now.

Following stocks are close to their 52-week low as at 12.42 p.m. on February 27.