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ACC Limited (ACC)
ACC has been struggling around the resistance zone of multiple moving averages on daily chart for the past one month or so. Considering its prevailin..
ACC Limited (ACC)
ACC has been struggling around the resistance zone of multiple moving averages on daily chart for the past three weeks or so. Considering its prevail..
Robust show continues amid weak offtake
We reiterate BUY on ACC with TP of Rs 1,940 (11x its Jun21E consolidated EBITDA and 0.5x its CY20E CWIP). ACC delivered a stron..
In-line; Revival driven by capex-led growth
* Weak demand impacts volume but pricing strong:
Volumes declined 1.5% YoY to 6.44mt in 3QCY19. However, premium p..
Shares of cement maker ACC on Wednesday jumped over 4 per cent after it reported a 44.66 per cent rise in consolidated net profit for the third quarter ended September 30..
ACC Ltd reported lacklustre results for the September quarter. Consolidated net profit and revenue improved from the year earlier, thanks to premium products, but cement ..
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