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ACC can test Rs 588-612: N Pillai

Published on Wed, Jul 09, 2008 at 11:34 , Updated at Thu, Jul 10, 2008 at 10:40
Source : CNBC-TV18

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Neppolian Pillai of Modern Shares & Stock Brokers feels that beyond Rs 540 ACC can go upto about Rs 588 to Rs 612.

Pillai told CNBC-TV18, "I am not as sanguine with ACC within the cement pack. I still feel the top pick there would be the Grasim Industries stock for us. ACC it notched up hefty gains yesterday, beyond Rs 540 it can go upto about Rs 588 to Rs 612 levels but then eventually it may come down to test the Rs 424 level on the downside."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector..

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> ACC to set up hydropower plants >

India`s biggest cement maker and a part of the Swiss cement giant Holcim, ACC is planning set up hydropower project...

in ACC - TrueCompanion at 08-Oct-08 11:28

ACC has resistance at Rs 800-850: Guppy

Yes, ACC can touch 500 in near term. All cement shares are down sharply and hence ACC should also come down further...

in ACC - vkk43 at 08-Oct-08 09:21

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