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Stocks in Focus on October 16: ACC, SBI Life to ONGC; here are the 5 Newsmakers of the Day
Wed, Oct 16, 2019
ACC, SBI Life, Can Fin Homes, ONGC and Equitas Holdings are the five stocks that are expected to remain newsmakers today.
Buy Today Sell Today or Tomorrow: Stock market experts speak on ACC, IndiGo stocks
Wed, Aug 14, 2019
Stock market experts are bullish on both ACC future and IndiGo stocks and have recommended share market investors to take buy position in both the stocks. However, they have advised traders to strictly maintain stop loss while taking any buy position in any of the shares.
ACC, Tech Mahindra, Axis Bank to Hero MotoCorp: Which shares to buy?
Wed, Jul 31, 2019
Brokerage Edelweiss said that ACC is likely to be the biggest beneficiary of a) the step-up in supplies by Coal India Ltd (CIL) to non-power sectors.
Stock market tip: Which shares should you invest in?
Fri, Jul 19, 2019
It is very difficult to decide on right stock picks when the market is in the negative territory. When the market is volatile, the investors need to tread very cautiously to gain from the trades. Here are Brokerage Edelweiss' report on these 5 prospective shares:
Cement price hike alert! Set to get costlier - Which stocks should you buy?
Mon, Feb 04, 2019
It is very important for investors to know which cement stocks they should buy or sell in the midst of price hike, as such does impact the earnings of a company.
Stocks in focus: Reliance Industries, ACC, Havells
Wed, Oct 17, 2018
In the last two weeks, Nifty has rebounded from a low of 10138. Being in the oversold region with a fair start to Q2 results had a positive direction to the market.
ACC share price spikes a whopping 14% on better than expected Q1 results
Tue, Jul 24, 2018
The company, which follows January-December as its financial year, said net sales were at Rs 3,768 crore -- up from Rs 3,329 crore in the year-ago period. In the second quarter, cement sales volume was at 7.24 million tonnes as against 6.74 million tonnes, up 7 per cent.
FAST MONEY: Vedanta, Union Bank among 10 intraday tips for today's trade
Tue, Mar 13, 2018
The benchmark indices are expected to open on a flat to negative note on Tuesday after rally in Asian markets stalled as Wall Street shares lost steam, while the dollar sagged on the back of declining US yields.
Government mulls action against cement companies for cartelisation: Report
Fri, Mar 09, 2018
The Competition Commission of India had imposed a fine on 10 cement companies and a trade body for price fixing in 2016. ACC Ltd, Ambuja Cements Ltd, Ultratech Cement Ltd and Jaiprakash Associates Ltd were among those which were fined.
ACC's net profit drop by 20% to Rs 261 crore in Q1FY17
Fri, Apr 21, 2017
The company's cement sales during Q1FY17 stood at 6.60 million tonne, a marginal rise from 6.36 million tonne in Q1FY16.
CCI's penalty on cement companies to impact their profits
Fri, Jan 20, 2017
India Ratings on Friday said, “CCI's penalty on seven major cement companies will shave off under 2% of the players operating profits ahead.”
ACC, Ambuja, Shree Cement to file case against CCI's order
Fri, Jan 20, 2017
On January 19, 2017, CCI penalised seven cement companies including the above mentioned for bid rigging of a tender floated by the Director, Supplies & Disposal, Haryana in the year 2012.
LafargeHolcim increases stake in ACC, Ambuja Cement; shares slump
Wed, Nov 16, 2016
On August 12, 2016, Ambuja Cement acquired stake in ACC. The deal involved Ambuja Cement issuing 58.4 crore shares worth Rs 11,200 crore to the Swiss parent, which would take its stake up to 61.39% from the current 50%. It also acquired 50.1% stake of Holcim in ACC.
ACC shares up 3% as cement grinding unit gets stabilised
Mon, Oct 10, 2016
It said, “Following the completion and commencement of commercial production of the new clinkering line at Jamul in Chattisgarh in July 2016, operations of the new cement grinding unit in Jamul which went into commercial production from September 14, 2016, have also been successfully stabilized.”
CCI slaps Rs 6,700 crore fine on 10 cement firms, including ACC, Binani, for cartelisation
Wed, Aug 31, 2016
Competition Commission of India (CCI) on Wednesday imposed more than Rs 6,700 crore penalty on 10 cement companies, including ACC, Binani, Century, UltraTech, for cartelisation.