Cement majors witnessed a drop of 2 per cent in their share prices on Wednesday, as prices across the regions slipped over 5 per cent this month.

Sagar Cements is partnering Vicat SA of France for setting up a 5.5 million tonne cement plant in Gulbarga, Karnataka.

Cement major ACC has reported a 4.24 per cent fall in production to 1.58 million tonnes (mt) in December against 1.65 mt logged in the same period last year.