Comments
Shares of cement maker ACC Ltd gained as much as 4 per cent to their highest since October 25, 2016.
At about 10.05 am, the stock was up 3.92 per cent or Rs 58.65 at Rs 1,555.40 on the BSE.
The stock was among the top percentage gainers on the NSE.
The company has reported better-than-expected profit for the March-quarter, helped by stronger cement sales volume.
Quarterly sales volume at ACC's cement segment rose 4 per cent as impact from the Government's move to withdraw high-denomination notes declined, the company said on Friday.
The stock is up 12.3 per cent this year up to Friday's close.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.