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Motilal Oswal expects ACC to report a 26.5 percent degrowth quarter-on-quarter (degrowth of 45 percent year-on-year) in net profit at Rs 229.7 crore.
Kotak Securities expects ACC to report a 36.8 percent degrowth quarter-on-quarter (degrowth of 33.8 percent year-on-year) in net profit at Rs 276.6 crore.
V Srinivasan from Angel Broking advised to accumulate ACC shares keeping target price at Rs 1361 and among mid caps cement stocks he prefers JK Laksmi Cement.
Painting a rathe dull picture for the cement sector, Murtuza Arsiwalla, Kotak Institutional Equities says he is expecting modest volume growth from the cement companies.
ACC's March quarter (Q1CY13) profit is likely to climb more than two fold to Rs 325 crore year-on-year, despite marginal recovery in demand, states a CNBC-TV18 poll.
Angel Broking has come out with its earnings estimates on cement sector for the March quarter FY13. According to the research firm, cement companies top-line to grow by 8.1% yoy. However, margins to remain under pressure.
ACC is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4CY12 net sales are seen up 7% at Rs 2690 crore versus Rs 2502.7 crore, year-on-year, (YoY).
Prabhudas Lilladher has come out with its earnings estimates on cement sector for December quarter FY13.
Motilal Oswal has come out with its earnings estimates on cement sector for December quarter FY13. The research firm expects moderate growth in cement demand in 3QFY13, impacted by a delayed festive season and continued sluggishness in housing and infrastructure.
Angel Broking has come out with its earnings estimates on cement sector for December quarter FY13. The research firm expects top-line to grow by 13.2% yoy and Margins to remain under pressure.
Cement majors ACC and Ambuja Cement would announce their third quarter earnings today. V Srinivasan of Angel Broking expects ACC's sales to rise by 11.7 percent on the back of better realizations, while Ambuja may post an increase of around 17.6 percent in sales.
Cement producer ACC is set to declare its results on Thursday for the three months ended September 2012. Analysts on an average expects the company's profit after tax to grow by 68.2 percent to Rs 268 crore from Rs 159.3 crore in a year ago period.
Cement producer ACC is set to declare its results on Thursday for the three months ended September 2012. Analysts on an average expects the company's profit after tax to grow by 68.2 percent to Rs 268 crore from Rs 159.3 crore in a year ago period.
Cement maker ACC is set to declare its numbers today for the quarter ended June 2012. Analysts on an average expect the profit after tax to rise by 16% year-on-year and 2.5 times quarter-on-quarter to Rs 380.4 crore in the quarter.
Prabhudas Lilladher has come with its earning estimates on cement sector for June quarter. According to the research firm, all India cement consumption is expected to grow by 10% to ~58m tonnes in the quarter.
Angel Broking has come with its earning estimates on Cement sector for June quarter. The research firm expects cement companies June quarter top line to grow by 16.7% yoy; margins to remain healthyare.
Emkay Global Financial Services has come with its earning estimates of cement sector for June quarter. As per the research firm, cement companies Q1FY13 is expected to post revenue growth of +17% yoy as volumes grow 9.5% yoy while realizations are estimated to post growth of +7.3% yoy.
ACC's EBITDA is likely to go up by 13.6% YoY and 64% QoQ to Rs 633.7 crore during the first quarter of CY12.
ACC, a (India's) third largest cement company by market cap is expected to report a profit after tax of Rs 401 crore in the quarter ended March 31, 2012, growth of 14.5% YoY and degrowth of 13.4% QoQ.
Prabhudas Lilladher has come out with its earnings estimates on cement sector for March quarter FY12. According to the research firm All-India cement consumption is expected to grow by 10% to ~64m tonnes in the quarter.
Cement demand continues to recover, with volumes likely to grow ~11% YoY (~15.5% QoQ) in 4QFY12.
Angel Broking has come out with its results estimates on cement sector for March FY12. The research firm expects that their cement universe to report an 18.4% yoy improvement in its top line on account of 6.1% growth in dispatches and a substantial improvement in realization.
Emkay Global Financial Services has come out with its March quarterly earning estimates for cement sector. According to the research firm Q4FY12 is expected to post healthy All India cement demand growth of ~9.6%% yoy (7.3% yoy for Emkay universe).
Cement company ACC is likely to report a profit after tax of Rs 230.4 crore in the October-December quarter of FY12, a growth of 44.6% as compared to Rs 159.3 crore in the previous quarter.
Cement company ACC is likely to report a profit after tax of Rs 230.4 crore in the October-December quarter of FY12, a growth of 44.6% as compared to Rs 159.3 crore in the previous quarter.