Jul 20, 2021 09:11 AM IST
Our long-term thesis on ACC remains intact because of its market leadership position, operating efficiencies and robust balance sheet
- Jul 19, 2021 07:55 PM IST
Total expenses climbed 40.97 percent to Rs 3,175.47 crore, compared to Rs 2,252.62 crore earlier.
- Apr 27, 2021 10:24 AM IST
Its market leadership position, operating efficiencies and a robust balance sheet should help ACC withstand demand fluctuations until market conditions stabilise
- Jan 11, 2021 09:56 AM IST
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.
- Oct 20, 2020 09:55 AM IST
With revenues returning to pre-COVID levels, ACC has structurally improved its underlying profitability, and therefore, could surprise on the upside
- Jul 21, 2020 09:39 AM IST
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
- Jul 20, 2020 07:44 PM IST
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.
- Apr 28, 2020 08:55 AM IST
- Apr 22, 2020 10:04 AM IST
- Dec 02, 2019 01:40 PM IST
The valuation discount of midcaps, when compared to largecaps, is close to 10-year high, highlighting the improved risk reward and low expectations.
- Oct 16, 2019 11:43 AM IST
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.
- Jun 06, 2019 08:28 AM IST
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 37 points or 0.31 percent. Nifty futures were trading around 12,044-level on the Singaporean Exchange.
- May 09, 2019 08:22 AM IST
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 15 points or 0.13 percent. Nifty futures were trading around 11,388-level on the Singaporean Exchange.
- Jan 04, 2019 01:59 PM IST
All five ideas that are showcased in the current top picks from Centrum Broking note are a reflection of their investment philosophy
- Sep 27, 2018 08:41 AM IST
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 24.5 points or 0.22 percent. Nifty futures were trading around 11,076-level on the Singaporean Exchange.
- Jul 27, 2018 06:56 PM IST
We prefer Ambuja over ACC as the latter has a higher fixed cost structure and lags much behind its peers in terms of operating margins.
- Jul 23, 2018 07:55 PM IST
Analysts on average had expected a standalone profit of 2.38 billion rupees, according to Thomson Reuters data.
- May 11, 2018 08:42 AM IST
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 49 points or 0.46 percent. Nifty futures were trading around 10,780-level on the Singaporean Exchange.
- Apr 20, 2018 05:06 PM IST
Arihant Capital recommended accumulate rating on ACC Ltd with a target price of Rs 1778 in its research report dated April 19, 2018.
- Jul 25, 2013 09:51 AM IST
Holcim will increase its shareholding in Ambuja to 61.39 percent from the current stake of just over 50 percent, the Zurich-based firm added. Ambuja Cements will issue 58.4 crore shares to Holcim in a proposed merger swap ratio of 6.6 Ambuja shares for 1 ACC share.
- Jul 24, 2013 05:20 PM IST
Holcim owns majority stake in ACC and Ambuja Cements and this enables it to consolidate revenues of both its subsidiaries
- Jul 06, 2012 12:17 PM IST
Cement companies are expected to report strong earnings for the June quarter, due to increased demand because of delayed monsoon in many parts of the country, which pushed up construction activities.
- Jul 05, 2012 04:35 PM IST
Cement company stocks are on an uptrend despite the Competition Commission of India (CCI) slapping a Rs 6000 crore penalty on them for forming a cartel.
- Jun 20, 2012 09:24 AM IST
Shares of ACC Ltd, Ambuja Cements and India Cements tumbled anything between 2.5%-4% as the Competition Commission of India (CCI) report on cement cartelization is expected today or tomorrow. Cement companies found guilty of forming a cartel will be penalized of 8% of their revenues in the past three years.
- Dec 01, 2011 03:24 PM IST
ACC Cement has said its November production has gone up 4%. to 1.83 million tonnes year-on-year. The company’s despatches also grew 6% to 1.83 million tonnes when compared with the same period last year. This is considered a muted growth by analyst due to low spends in infrastructure sector.