Strong execution – third time in a row
ACC continue to surprise positively for third consecutive quarter with Q3CY20 EBITDA increasing 21% YoY to Rs6.7bn - high..
Strong cost control drives margin improvement
Volume growth turns positive, led by rural demand
* ACC’s 3QCY20 result highlights the strong rebound in cement ..
Sales volume back to pre-Covid levels…
ACC Ltd reported improved Q3CY20 results with sales volume bouncing back to pre-Covid levels during the quarter supporte..
Strong cost controls cushion earnings. Maintain BUY
During 3QCY20, ACC reported consolidated net sales/EBITDA/APAT growth of 0/21/20% YoY to Rs 35.37/6.71/3...
Enhancing profitability via ‘Parvat’
ACC’s flagship efficiency optimisation program ‘Parvat’ could deliver sustainable cost reduction of..
ACC NOV FUT added around 21% in open interest addition as short buildup was seen in it in till closing time. Current chart pattern also indicates furt..
Below is the Quote on ACC Ltd - 3CY20 Result Ltd By Mr. Keshav Lahoti Associate Equity Analyst, Angel Broking Ltd
"On a Consolidated basis f..
Strong cost controls cushion earnings
ACC delivered earnings beat as sharp reduction in fixed opex moderated the impact of COVID-led revenue loss. Consolidated revenu..
Improving margin to narrow valuation gap
ACC’s Q2CY20 EBITDA at Rs5.3bn (down 33% YoY) with blended EBITDA/te at Rs1,074/te was higher than our / consensus esti..
Cost savings, higher realization aid Q2; maintain Buy
* ACC’s Q2CY20 results came in above our estimates, driven by higher realization (up 9.4% qoq vs. 7% estim..
Fighting back with aggressive cost reduction
EBITDA, PAT to turn positive YoY from current quarter
* ACC’s positive 2QCY20 result was a welcome surprise, at..
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..
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