JK Lakshmi Cement rose 0.37% to Rs 219.70 after the company said its integrated plants at Rajasthan and Chhattisgarh have resumed operations and have started dispatching cement.
In response to the profound effects of the coronavirus, HeidelbergCement has agreed with the works council and employee representatives to introduce short-time work for its employees in Germany. Initially, the short-time working regulations primarily affect employees from the group's head office in Heidelberg. The extent of short-time work is determined for employees depending on the loss of work and can be up to 100%.
Lehigh Cement has laid off 54 of its 90 employees at its Glen Falls plant, New York state, USA, in the wake of a construction slowdown attributed to the spread of COVID-19.