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01 Oct, 2012

ACC 's Sept sales grow 4% on better demand

ACC has recorded a marginal improvement in cement sales to 1.80 metric tonnes for September when compared with 1.73 metric tonnes, which it recorded a year ago. Production also grew around 9% to 1.83 metric tonnes.


Source: Moneycontrol.com

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21 Sep, 2012

ACC wants policy help to burn municipal waste in cement kilns

The best way to handle the problem of disposal of municipal or industrial waste is to burn it in cement kilns, says ACC Ltd. For this, however, some tweaking of the policy is required. B...


Source: The Hindu Business Line

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14 Aug, 2012

LIC cuts stake in ACC by 2.68%

State-run Life Insurance Corporation has sold 2.68 per cent stake in cement maker ACC for Rs 187.75 crore through open market operations.LIC had 10.51 per cent stake or 18.77 crore shares i...


Source: The Hindu Business Line

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14 Aug, 2012

LIC prunes stake in ACC by about 3%

State-run insurer's shareholding in cement maker, in which Holicm has the majority stake, has now come down to 7.82%


Source: Livemint.com

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30 Jul, 2012

Buy ACC for the target prices of Rs 1310/1320/Higher with a stop loss of Rs 1279: ICICIDirect

We said, "now testing the area we marked at 16550-650 ... which can prove technical support." Index opened gap-up. However, initial 335- pt gain was later pruned down to 199 pts or 1.2%.


Source: Sify.com

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27 Jul, 2012

ACC Q2 net up 26% at Rs 415 cr

Cement maker, ACC, on Thursday clocked 26 per cent rise in consolidated net profit at Rs 415 crore for the second quarter ended June 30, buoyed by strong revenue growth. ACC, controlled by...


Source: The Hindu Business Line

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26 Jul, 2012

ACC, Ambuja earnings surprise positively, but can cement sustain trend?

Both firms increased their operating margins by 60-90 basis points


Source: Livemint.com

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03 Jul, 2012

ACC, Ambuja report modest growth in June cement output

Cement makers ACC and Ambuja Cement today reported a modest growth in production at 1.97 million tonnes (m.t.) and 1.78 m.t. respectively, in June.During the corresponding month last year,...


Source: The Hindu Business Line

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21 Jun, 2012

Competition panel fines 11 cement cos over Rs 6,000 cr for cartelisation

The Competition Commission of India has found cement manufacturers in violation of the provisions of the Competition Act, 2002, which deals with anti-competitive agreements, including cartels.


Source: The Hindu Business Line

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15 Jun, 2012

Buy ACC for the target prices of Rs 1220/1231/Higher with a stop loss of Rs 1189: ICICIDirect

​We said, "Doji can prove a turning point near 200-day EMA if the action weakens below its bottom ..." Index weakened below Doji's bottom, and shaved off 203 points or 1.2% for the day.


Source: Sify.com

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