V Srinivasan of Angel Broking says that the results from ACC were in line with the brokerage firm's estimates. He feels that the Holcim deal was positive for ACC and it may not have an impact on the company.
Also read: PERSPECTIVE: Holcim at war with Ambuja shareholders...again Below is the edited transcript of his interview to CNBC-TV18. Q: Your first take on ACC numbers? A: ACC numbers have come more in line with our estimates. There is some positive on the volume. But overall both, from top line and bottom-line, has come according to estimates. Q: The margins are a little better than expected. Is that going to change your view of the stock? Or will your view be dominated by the merger announcement? A: On the merger, the overall view is that the Holcim restructuring went overall positive for ACC as compared to Ambuja. It should not have much impact on ACC.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
