Below is the Quote on 2QCY20 results of ACC by Mr.Keshav Lahoti, Associate Equity Analyst, Angel Broking Ltd
“ACC reported a 37% YoY decline in standalone r..
* Led by COVID inflicted lockdown measures with April 2020 being a washout month for the industry, we had expected volumes for Q2CY20 to de‐grow by 33.6%..
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Cement maker ACC has said that cement demand in India is expected to grow by 7 per cent this year. The cement maker added that but intense competition and not enough cons..
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