Acc Ltd

ACC Q3 results: Revenue rises 6.5% to Rs 5,176 crore

ACC, NLC India, others bag 5 coal mines on day 1 of 10th round of auction

These five mines upon operationalisation will generate an annual revenue of Rs 1,106.91 crore

ACC Q2 results: Net profit falls 49% to Rs 200 crore hit by low cement prices, rising costs

Consolidated revenue from operations increased 4 per cent to Rs 4,614 crore in the September quarter.

Derivative Outlook | What should be the options strategy for ACC ahead of the Q1 results?

The broader trend in the cement sector remains positive, price action riding along the overall bullish sentiment. While the key benchmark indices underwent tremendous volatility during this phase, shares of UltraTech Cement, ACC, and Orient Cement were formulating accumulation and laying a significant base for the upward rallies

ACC Preview: Consolidated Q1 net profit may jump 61%, volume and margin in focus

Revenue is likely to come in at Rs 4,729.7 crore for the quarter under review, implying a 6 percent YoY growth and a 1 percent drop sequentially. The slight increase in revenue is most likely due to higher volumes, analysts believe

Expect consistent demand for cement in seasonally weak period: Geojit Financial Service

Despite reports of price cuts, cement stocks rallied 3-5% in today’s session on expectations of uninterrupted demand during the monsoon.

Cement Companies may not pass potential GST rate cut fully

Cement company stocks picked up pace after finance minister said she would examine the possibility of reducing the 28 percent goods and services tax rate for the sector.

It's chalk and cheese as IT services and cement stocks trade at same valuations

The multiples of cement and IT services are comparable and this is despite the inferior business model of the cement business in terms of financial returns, free cash generation and dividends. Kotak Institutional Equities sees a 50 percent slide in the stock prices of all top-4 cement firms in the medium term.

UltraTech sees little risk of new capex boom in cement sector hurting pricing

Investors have been concerned that the new wave of capacity addition in the cement sector may cause a glut if demand is unsustainable

Shree Cement appoints ex-MD, CEO of ACC, Ambuja Cement as designated MD

Neeraj Akhoury’s term is five years and he was appointed as chairman Benu Gopal Bangur stepped down

Gautam Adani’s son to oversee newly acquired cement companies

Karan Adani, 35, is currently the chief executive officer of Adani Ports and Special Economic Zone Ltd.

ACC: Trouble spots pop up on earnings canvas

In the absence of any major cement price hikes, persistent raw material inflation and supply-chain constraints will drag the company's margins over the next 2-3 quarters

ACC Q1 Result | Consolidated profit jumps 41 percent QoQ to Rs 396 crore; revenue grows 5 percent to Rs 4,427 crore

The cement volumes for the quarter declined by 3.3 percent on year to 7.71 million tonnes (MT) from 7.97 MT registered during the same period a year ago.

ACC Ltd Q3 Result | Consolidated profit dips 21% QoQ to Rs 450 crore; revenue declines 4% to Rs 3,749 crore

ACC has recorded solid performance during the quarter through operational excellence and focus on sustainability while meeting customers’ needs, says Managing Director and CEO Sridhar Balakrishnan.

ACC: Strong quarter despite COVID disruptions

Our long-term thesis on ACC remains intact because of its market leadership position, operating efficiencies and robust balance sheet

ACC Q2 net profit up two-fold to Rs 569 crore on lower base; revenue up 49% to Rs 3,885 crore

Total expenses climbed 40.97 percent to Rs 3,175.47 crore, compared to Rs 2,252.62 crore earlier.

ACC: Why we repose faith in the long-term thesis

Its market leadership position, operating efficiencies and a robust balance sheet should help ACC withstand demand fluctuations until market conditions stabilise

M&M and ACC among top 10 short-term trading ideas for the next 3-4 weeks

All Nifty 50 components are trading above their 200 days SMA, highlighting robust market breadth which gauges the inherent strength of the market, suggest experts.

ACC: Q3 earnings underpin a positive outlook

With revenues returning to pre-COVID levels, ACC has structurally improved its underlying profitability, and therefore, could surprise on the upside

The worst may be over for ACC

While ACC’s revenues are bound to be impacted by external factors, its cost efficiency and healthy cash position can help weather demand fluctuations till market conditions stabilise

ACC profit drops 40.5% to Rs 270.95 crore in April-June, sales down 37.2% 

ACC's total expenses in April-June quarter of 2019 were at Rs 2,252.62 crore, down 36.25 percent, as against Rs 3,533.55 crore in the year-ago period.

Time to revisit midcaps? Citigroup picks top 11 stocks that are worth a look

The valuation discount of midcaps, when compared to largecaps, is close to 10-year high, highlighting the improved risk reward and low expectations.

ACC reports 45% rise in September qtr PAT: time to buy, sell or hold?

Citigroup and CLSA have the most aggressive target price of over Rs 2,000 on ACC Ltd. Citigroup slashed the target price to Rs 2,150 from Rs 2,175 earlier.