Kunal Bothra has a buy call on ACC Ltd.
with a target price of Rs 1575.0 .
The current price of ACC Ltd.
is Rs 1524.35 .
Kunal Bothra recommended to keep a stoploss at Rs 1500 .
ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 28625.35 Crore) operating in Cement sector.
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 31-Dec-2017.
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 3464.43 Crore, down -14.65 % from last quarter Sales of Rs 4059.28 Crore and up 2.99 % from last year same quarter Sales of Rs 3363.96 Crore Company has reported net profit after tax of Rs 299.51 Crore in latest quarter.
The companys top management includes Mr.Arunkumar R Gandhi, Mr.Ashwin Dani, Mr.Christof Hassig, Mr.Farrokh K Kavarana, Mr.Jan Jenisch, Mr.Martin Kriegner, Mr.N S Sekhsaria, Mr.Neeraj Akhoury, Mr.Shailesh Haribhakti, Mr.Sushil Kumar Roongta, Mr.Vijay Kumar Sharma, Ms.Falguni Nayar.
Company has Deloitte Haskins - Sells LLP as its auditoRs As on 31-12-2019, the company has a total of 187,787,263 shares outstanding.