INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a sell call on ACC Ltd
with a target price of Rs 1420.0
The current market price of ACC Ltd
is Rs 1465.8 Time period given by analyst is Intra Day when ACC Ltd
price can reach defined target
Manas Jaiswal recommended to keep stoploss at Rs 1486
ACC Ltd., incorporated in 1936, is a largecap company with a market cap of Rs 27525.86 crore.
ACC Ltd
key Products/Revenue Segments include Cement which contributed Rs 12692.83 Crore to Sales Value (89.38 % of Total Sales), Ready Mix Concrete
which contributed Rs 1153.71 Crore to Sales Value (8.12 % of Total Sales), Other Operating Revenue which contributed Rs 324.39 Crore to
Sales Value (2.28 % of Total Sales) and Scrap which contributed Rs 29.26 Crore to Sales Value (0.20 % of Total Sales)for the year ending
For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 3767.90 Crore, up 5.93 % from last quarter Sales of
Rs 3556.99 Crore and up 13.75 % from last year same quarter Sales of Rs 3312.52 Crore Company has reported net profit after tax of Rs 326.77
Mr.Martin Kriegner, Mr.N S Sekhsaria, Mr.Neeraj Akhoury, Mr.Shailesh Haribhakti, Mr.Sushil Kumar Roongta, Mr.Vijay Kumar Sharma, Mrs.Falguni
Company has Deloitte Haskins Sells LLP as its auditoRs As on 30-06-2018, the company has a total of 187,787,263 shares outstanding.
