Meanwhile, the BSE Sensex was up 22.71 points, or 0.16%, at 16725.24, as some Asian markets got a lift after a stamp duty cut to slash dealing costs gave the flagging Shanghai index in China a boost, while a modest dollar rebound supported exporters.
On BSE, 2.34 lakh shares were traded in the counter. The scrip had an average daily volume of 1.52 lakh shares in the past one quarter.
The stock hit a high of Rs 855 and a low of Rs 800 so far during the day. The stock had a 52-week high of Rs 1314.85 on 16 October 2007 and a 52-week low of Rs 615 on 22 January 2008.
The scrip had outperformed the market over the past one month till 23 April 2008, gaining 3.54% compared to the Sensex`s 2.96% gain. It had also outperformed the market in the past one quarter, rising 12.29% compared to Sensex`s 3.04% fall.
The mid-cap cement maker has an equity capital of Rs 187.64 crore. Face value per share is Rs 10.
The current price of Rs 804.85 discounts its Q4 December 2007 EPS of Rs 91.82, by a PE multiple of 8.76.
The net profit of ACC rose 0.53% to Rs 357.54 crore on 7.68% rise in total income to Rs 1861.37 crore in Q1 March 2008 over Q1 March 2007.
The company said while the outlook for demand and supply is positive, the industry faces challenges of meeting steep cost escalations which exerts pressure on margins.
ACC manufactures ordinary portland cement, fly ash and slag-based cement.