ACC shares jump nearly 7 per cent; hit 52-week high after earnings announcement
ACC Stock Earnings Latest News: Shares of cement maker ACC Ltd on Tuesday zoomed nearly 7 per cent to its 52-week high after the company reported an over two-fold jump in consolidated net profit for the second quarter ended June 2021.
The stock jumped 6.90 per cent to Rs 2,299.05 — its 52-week high — on the BSE. At the NSE, it gained 6.87 per cent to Rs 2,299. 90 — its 52-week high.
ACC Ltd on Monday reported an over two-fold jump in consolidated net profit to Rs 569.45 crore for the second quarter ended June 2021, helped by a lower base, increase in sales and cost efficiency.
