Company: ACC Ltd. Category: Broker Research

ACC has announced 5.9mt capacity expansion by adding a greenfield unit near its existing capacity in Kymore, Madhya Pradesh, in central India. Additionally, the company announced expansion of its grinding unit at Sindri (Jharkhand) in the eastern region.
Dec. 19, 2018, 12:52 p.m.

Although we have seen the volume growth being sustained, it has come at the cost of realisation. On a yoy basis, the pricing scenario remains soft, as the all India average price is down by 8% for the first two weeks of April.
May 29, 2018, 11:38 a.m.
Author : HDFC Sec | Publisher:

ACC is India’s second-largest cement company with an installed capacity of ~33 mtpa. It also has presence in the ready-mix concrete (RMC) business. Valuation: We expect revenue/PAT to grow at a CAGR of 11%/24% over CY17-19E.
May 13, 2018, 4 a.m.

ACC Limited: Pick of the Week - HDFC Securities
Sept. 7, 2017, 3:03 p.m.
Author : HDFC Sec | Publisher:

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