JM Financial has a buy call on ACC with a target price of Rs 2250. The current market price of ACC is Rs 1832.95 . ACC., incorporated in 1936, is a Large Cap company with a market cap of Rs 34335.96 crore, operating in the Cement sector.

ACC’s key products/revenue segments include Cement, Ready Mix Concrete, Other Operating Revenue, Scrap for the year ending 31-Dec-2021.

Financials
For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 6575.62 crore, up 37.79% from last quarter Total Income of Rs 4772.11 crore and up 31.50% from last year same quarter Total Income of Rs 5000.51 crore. The company has reported net profit after tax of Rs 1091.47 crore in the latest quarter.

The company’s top management includes Mr.Karan Adani, Mr.Ajay Kapur, Mr.Vinay Prakash, Mr.Sandeep Singhi, Mr.Arun Kumar Anand, Mr.Nitin Shukla, Mr.Rajeev Agarwal, Ms.Ameera Shah. The company has S R B C & Co. LLP as its auditors. As on 31-12-2024, the company has a total of 19 crore shares outstanding.

Promoter/FII Holdings
Promoters held 56.69 per cent stake in the company as of 31-Dec-2024, while FIIs owned 5.14 per cent, DIIs 24.56 per cent.

Motilal Oswal Financial Services has a buy call on ACC with a target price of Rs 2400. The current market price of ACC is Rs 2032. ACC, incorporated in 1936, is a Large Cap company with a market cap of Rs 38170.58 crore, operating in the Cement sector.

ACC’s key products/revenue segments include Cement, Ready Mix Concrete, Other Operating Revenue, Scrap for the year ending 31-Dec-2021.

Financials
For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 6575.62 crore, up 37.79% from last quarter Total Income of Rs 4772.11 crore and up 31.50% from last year same quarter Total Income of Rs 5000.51 crore. The company has reported net profit after tax of Rs 1091.47 crore in the latest quarter. The company’s top management includes Mr.Karan Adani, Mr.Ajay Kapur, Mr.Vinay Prakash, Mr.Sandeep Singhi, Mr.Arun Kumar Anand, Mr.Nitin Shukla, Mr.Rajeev Agarwal, Ms.Ameera Shah. Company has S R B C & Co. LLP as its auditors. As on 31-12-2024, the company has a total of 19 crore shares outstanding. Investment Rationale
ACC reported lower-than-estimated operating performance (adjusted for one-offs). While the company continued to post higher volume growth (up 20% YoYin 3Q), driven by higher MSA volumes, lower realization weighed on margins. Motilal Oswal Financial Services expects margin recovery to be gradual due to weak pricing in a few of its core markets (South and East) and slower-than-expected realization in cost savings through group synergy. The brokerage cut its EBITDA estimates by 18%/13%/11% for FY25/FY26/FY27. They estimated a CAGR of 34%/41% for EBITDA/PAT over FY25-27, albeit on a low base. Motilal Oswal estimates a volume CAGR of ~9% over FY25-27. Additionally, EBITDA/t is estimated to improve to Rs 690/ Rs 800 in FY26/FY27 vs INR530 in FY25. ACC trades inexpensively at 10x/7x FY26E/FY27E EV/EBITDA. The brokerage values the stock at 10x Dec?26E EV/EBITDA to arrive at our revised target price of Rs 2,400 (earlier Rs 2,680). Promoter/FII Holdings
Promoters held 56.69 per cent stake in the company as of 31-Dec-2024, while FIIs owned 5.14 per cent, DIIs 24.56 per cent.

Shares of ACC Ltd. traded 0.69 per cent down at Rs 2290.5 at 10:44AM (IST) on Thursday, even as BSE benchmark Sensex dropped 268.51 points to 81232.85.

The stock had settled at Rs 2306.5 in the previous session. The stock quoted a 52-week high price of Rs 2843.0 and 52-week low of Rs 1803.8, respectively. As per BSE data, total traded volume on the counter till 10:44AM (IST) stood at 2398 shares with a turnover of Rs 0.56 crore.

At the current price, shares of the company traded at 19.24 times its trailing 12-month earnings per share of Rs 118.84 per share and 2.87 times its price-to-book value, exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.

Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 1.31.

Shareholding Details Promoters held 50.05 per cent stake in the company as of 30-Sep-2024, while FIIs owned 5.51 per cent and DIIs 15.35 per cent. Technicals
On the technical charts, the relative strength index (RSI) of the stock stood at 33.7. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Chartists say, RSI should not be seen in isolation, as it may not be sufficient to take a trading call, just the way fundamental analysts cannot give a’buy’ or’sell’ recommendation using a single valuation ratio.

HDFC Securities has buy call on ACC with a target price of Rs 2770. The current market price of ACC Ltd. is Rs 2326.
ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 43322.52 Crore) operating in Cement sector. ACC Ltd. key Products/Revenue Segments include Cement, Ready Mix Concrete, Other Operating Revenue, Scrap for the year ending 31-Dec-2021.

Financials
For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 4644.78 Crore, down -12.00 % from last quarter Total Income of Rs 5278.02 Crore and up 14.49 % from last year same quarter Total Income of Rs 4057.08 Crore. Company reported net profit after tax of Rs 386.15 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 56.69 per cent stake in the company as of 31-Dec-2023, while FIIs owned 6.24 per cent, DIIs 24.05 per cent.

NEW DELHI: Shares of ACC Ltd. traded 1.14 per cent down in Wednesday’s trade at 01:44PM (IST). Around 13,896 shares changed hands on the counter.

The stock opened at Rs 1911.45 and touched an intraday high and low of Rs 1919.5 and Rs 1870.0, respectively, in the session so far. Shares of the company of ACC Ltd. quoted a 52-week high of Rs 2674.45 and a 52-week low of Rs 1593.5.

Total market cap of the ACC Ltd. stood at Rs 35345.32 crore at the time of writing this report.

Key Financials
The company reported consolidated net sales of Rs 5278.02 crore for the quarter ended 30-Jun-2023, up 7.49 per cent from previous quarter’s Rs 4910.06 crore and up 16.71 per cent from the year-ago quarter’s Rs 4522.28 crore.

The net profit for latest quarter stood at Rs 466.1 crore, up 105.04 per cent from the corresponding quarter last year.

Shareholding pattern
As of 30-Sep-2023, DIIs held 12.52 per cent stake in the firm, while foreign institutional investors held 7.1 per cent and the promoters 56.69 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 48.58 and a price-to-book ratio of 2.22. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

ACC Ltd. belongs to the Cement – Pan India industry.

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The share price of ACC Ltd. gained 0.55 per cent to Rs 1971.6 at 11:57AM (IST) in Monday’s trade. The counter has hit a high of Rs 1981.8 and low of Rs 1942.05 so far during the session. The stock had closed at Rs 1960.75 in the previous session.

The counter has had a total traded volume of 2794 shares so far with a value of Rs 5501.0 crore on the NSE. It traded at a price-to-earnings multiple of 50.92 and a price-to-book ratio of 2.22.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip declined 13.83 per cent during the past one year, while the 30-share index advanced 9.01 per cent during the same period.

ACC Ltd. belongs to the Cement – Pan India industry.

Promotor/FII Holding
Promoters held 50.05 per cent stake in the company as of 30-Jun-2023, while overseas investors and domestic institutional investors ownership stood at 9.98 per cent and 9.21 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 5278.02 crore for the quarter ended 30-Jun-2023, up 7.49 per cent from the previous quarter’s Rs 4910.06 crore and up 16.71 per cent from the year-ago quarter’s Rs 4522.28 crore.

Profit for the latest quarter stood at Rs 466.1 crore, up 105.04 per cent from the same quarter a year ago.

Shares of ACC Ltd. traded 0.43 per cent up at Rs 1909.35 at around 11:37AM (IST) on Friday. The stock had closed at Rs 1901.2 in the previous session. Equity benchmark Sensex traded 230.82 points lower at 64920.2 around the same time. The scrip has declined 17.9 per cent in the last one year till date, while the 30-share index has gained 9.18 per cent during the same period.

The stock’s 52-week high price stood at Rs 2784.95 and the 52-week low price at Rs 1593.5.

Trading volume on the counter stood at 5,812 shares, while it quoted a price-to-earnings ratio of 48.84, an EPS value of 38.74 and a price-to-book value of 2.22. In the Nifty50 pack, 11 stocks traded in the green, while 39 stocks were in the red.

Promoter/FII Holding
Promoters held 56.69 per cent stake in the company as of 30-Jun-2023, while FII and mutual funds’ ownership stood at 9.98 per cent and 9.21 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 5278.02 crore, up 7.49 per cent from the previous quarter’s Rs 4910.06 crore and up 16.71 per cent from the year-ago quarter’s Rs 4522.28 crore. The company reported net profit of Rs 466.1 crore for the latest quarter.

Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.