Arvind Mills, Bharat Earth Movers, Birla Corporation and Apollo Tyres are among the other gainers.

ACC spurted 8.98% to Rs 1022.55 and it topped gainers in BSE's A group shares.

ACC's cement dispatches stood at 17 lakh tonnes in June 2007, up 9.67% from 15.5 lakh tonnes in the same period previous year. It produced 17 lakh tonnes of cement compared to 15.3 lakh tonnes last year, a rise of 11%.

Cement scrips surged today following reports that cement firms have hiked prices by Rs 3-Rs 5 per 50-kilogram bag across India effective today, 4 July 2007.

Arvind Mills jumped 7.88% to Rs 48.60 and came second among top gainers in ‘A’ group. The company's net profit had fallen 6% to Rs 119.56 crore in year ended March 2007 as against 127.16 crore in the year ended March 2006. Sales rose 16.1% to Rs 1844.91 in FY 2007 (Rs 1588.79 crore). The company had announced the FY 2007 results on 12 May 2007.

Bharat Earth Movers (BEML) flared up 6.42% to Rs 1243.70 and stood third among top gainers in ‘A’ group. The scrip advanced after its follow-on public offer (FPO), that ended on Tuesday, 3 July 2007, received a strong response from investors. The FPO of BEML was subscribed 30 times.

Cement maker Birla Corporation climbed 6.20% to Rs 281.75 and stood fourth among top gainers in ‘A’ group. The company’s net profit soared 159.41% to Rs 326.23 crore in the year ended March 2007 (Rs 125.76 crore). Sales rose 28.91% to Rs 1566.91 crore in FY 2007 (Rs 1215.49 crore). The company announced its FY 2007 results on 30 May 2007.

Apollo Tyre jumped 6.10% to Rs 354.65 and came fifth among top gainers in ‘A’ group. For tyre companies, Q1 June 2007 is likely to be an improved quarter on a year on year basis, as spot rubber prices averaged Rs 85.7 per kilo gram levels in the June 2007 quarter compared with an average Rs 98 a year earlier. Rubber is a key input in manufacture of tyres.

Earlier, Apollo Tyres had hiked passenger car tyres by 2% in February 2007, in a bid to offset surging raw material costs.