ACC falls 2.8 per cent even after reporting on Thursday March-quarter net profit of Rs. 399 crore, above consensus forecasts for Rs.337 crore.
Ambuja Cement is down 2.7 per cent after the company reported on Friday a forecast-beating 6.6 per cent rise in quarterly profit from a year earlier.
Ambuja's net profit was helped after other income rose by 53.2 per cent to Rs. 132 crore from a year earlier, according to company's filing.
Ambuja's shares had initially risen 1 per cent to a record high of Rs.221.