ACC Ltd shares gained nearly 2 per cent on Wednesday.
Jan-March operational earnings beat some analysts' estimates on lower costs. ACC posts higher-than-expected Jan-March operating profit of Rs 715 a tonne, up Rs 400 from Oct-Dec quarter, Religare said. Also, the company on Tuesday said cement demand is likely to improve in next two quarters.
At 11.10 am, the stock was up 1.85 per cent or Rs 29.45 at Rs 1,624.05 on the BSE.