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BUZZ-India's ACC hits near 6-month high; March-quarter profit beats estimates
April 24, 2017 / 4:09 AM / 5 months ago

BUZZ-India's ACC hits near 6-month high; March-quarter profit beats estimates

** Shares of cement maker ACC Ltd gain as much as 3.70 pct to their highest since Oct 25, 2016

** Stock among top pct gainers on NSE

** Company reports better-than-expected profit for March-qtr, helped by stronger cement sales volume

** Quarterly sales volume at ACC’s cement segment rose 4 pct as impact from government’s move to withdraw high-denomination notes declined, company said on Friday

** Stock up 12.3 pct this year up to Friday’s close

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