Page 3 - Acc Cement

New appointment of MDs at ACC, Ambuja Cements to streamline business

At ACC, Sridhar Balakrishnan, former chief commercial officer (CCO), has been elevated as the CEO and MD while Akhoury continues as a director on ACC's board.

Nifty view & top trading ideas by CapitalVia: Buy ACC, JK Cement

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

ACC's numbers revive hopes for cement stocks amid subdued July-Sept quarter

Profitability, declining costs are positives, but demand revival key for any upside

ACC delivers a decent performance amid demand and liquidity challenges

The operating performance should see some benefits from decling raw material costs, however demand recovery holds key for significant upside

Karnataka Assembly floor test to RS election, here are top events for today

As the term of 5 MPs to Rajya Sabha from Tamil Nadu comes to an end, elections for the same will be held on July 18

ACC Q1 profit jumps 38% to Rs 346 crore on increased sales volumes

Cement maker ACC Tuesday reported a 38.19 per cent increase in its consolidated profit at Rs 346.02 crore for the first quarter ended March 2019, helped by increase in sales volume. The company had posted a consolidated profit of Rs 250.39 crore in the January-March quarter a year ago, ACC Ltd said in a BSE filing. ACC's total income during the period under review was up 10.99 per cent to Rs 4,075.71 crore as against Rs 3,671.95 crore in the corresponding period of the previous fiscal. The company, which follows January-December period as financial year, reported its total expenses at Rs 3,555.84 crore as against Rs 3,299.16 crore, up 7.78 per cent. "The prices of fuel and slag rose in the quarter, which were mitigated by market initiatives, sustained cost reduction initiatives viz. material source-mix & fuel mix optimisation and productivity improvement measures. Plant capacity utilisation improved during the quarter," the company said in a statement. ACC's cement sales volume ..

ACC: Improving earnings visibility boosts confidence on the Street

Rising cement prices, lower fuel prices expected to add Rs 200-300 per tonne to operating profit of the company

ACC Cement records 15.7% surge in Q3 net at Rs 2.06 bn, expenses rise 9.8%

Cement sales volume grew 10% to 6.55 million tonnes (MT) in the quarter, while expenses rose 9.8%

Cement shares rally as ACC June quarter earnings beat estimates

ACC, India Cements, Ambuja Cements, Dalmia Bharat, Orient Cement, Birla Corporation, Grasim Industries, JK Cement, Heidelbergcement India, UltraTech Cement and Shree Cement were up 3% to 13%.

ACC Q2 net profit flat at Rs 3.29 bn as macro headwinds continue

Revenue from operations in June quarter of FY2019 at Rs 38.48 billion, 3% lower from Rs 39.58 billion reported in the same quarter a year back

Cement shares trade weak; Shree Cement, JK Lakshmi Cement down over 4%

JK Cement, Birla Corporation, India Cements, Ramco Cement, HeidelbergCement India, ACC and Amubja Cements were trading lower in the range of 2% to 3%

ACC's Q2 net doubles to Rs 182 cr, cement volumes rise 18%

During the quarter, ACC's cement sales stood at 5.96 million tonnes (MT), up 17.55 per cent, compared to 5.07 MT