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Cement stocks mixed as reports say companies may go for price hike in October

Cement stocks mixed as reports say companies may go for price hike in October

Wed, Sep 27, 2023

At around 10:05 a.m. on BSE, individually, Nuvoco Vistas Corporation shares were up over 3 per cent, Dalmia Bharat shares were up 0.18 per cent, Shree Cement was up 0.44 per cent, JK Lakshmi Cement was up half a per cent, ACC was flat, and UltraTech Cement was also trading flat, up 0.06 per cent.

Cement sector Q1 review: What lies ahead after mixed performance in Q1? Check top stocks to bet on

Cement sector Q1 review: What lies ahead after mixed performance in Q1? Check top stocks to bet on

Mon, Aug 28, 2023

According to Nirmal Bang Securities, at 93 million tonnes (MT), cement volumes in the June quarter increased by 14 per cent YoY. The overall volume was up by 10 per cent YoY at 380 MT in FY23, the brokerage notes.

Adani Shares Tumble On Report Group Seeking Time To Pay ACC, Ambuja Debt

Adani Shares Tumble On Report Group Seeking Time To Pay ACC, Ambuja Debt

Tue, Mar 28, 2023

The Adani Group is seeking to renegotiate the terms of outstanding loans worth $4 billion taken in August last year for the acquisition of its cement assets - ACC and Ambuja Cements - from Switzerland-based Holcim group, said multiple sources aware of the ongoing negotiations.

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ACC, Ambuja Cement, Ultratech Cement upgraded by 15-25 pct over period

ACC, Ambuja Cement, Ultratech Cement upgraded by 15-25 pct over period

Thu, Oct 29, 2020

Rural and semi urban housing demand continues to drive growth, pick up in government led infrastructure and non trade demand likely aided growth in Oct 20.

ACC share price: CLSA, Citi to BofA - Here is what brokerage reports are saying after results declaration

ACC share price: CLSA, Citi to BofA - Here is what brokerage reports are saying after results declaration

Tue, Oct 20, 2020

CLSA and Citi believe that the company's Q3 results were above their estimates.

ACC Q2 results beat estimates; management gives strong business outlook for cement industry

ACC Q2 results beat estimates; management gives strong business outlook for cement industry

Mon, Oct 19, 2020

ACC delivers strong results, Management gives strong commentary after Q2 results of the company.

ACC, Ambuja, UltraTech, Ramco and Shree cement: Jefferies turn constructive on the cement sector

ACC, Ambuja, UltraTech, Ramco and Shree cement: Jefferies turn constructive on the cement sector

Tue, Oct 13, 2020

Jefferies believes that the macro story is getting better for building material space.

ACC share price today and outlook: Expert says positive in near term

ACC share price today and outlook: Expert says positive in near term

Tue, Sep 15, 2020

ACC share price today: Cement manufacturer ACC share price was up 0.85 per cent on NSE, trading at Rs 1379 around 13:25 pm on Tuesday. This stock has been seeing a reversal from the lower levels and the movement on the charts showed strength in the stock, technical analyst Nilesh Jain of Anand Rathi Securities said

ACC share price today: Stock falls over 5 pct today; outlook negative in near term, expert says

ACC share price today: Stock falls over 5 pct today; outlook negative in near term, expert says

Mon, Aug 31, 2020

ACC share price today: Cement manufacturer ACC Cement’s stock price today fell by almost Rs 77 in an intraday trade on the back of a broader market fall. This stock ended the day’s trading around Rs 1320.25, just around the crucial support level of Rs 1320, according to technical analyst Nilesh Jain of Anand Rathi securities

ACC share price makes breakthrough; what investors can do

ACC share price makes breakthrough; what investors can do

Tue, Aug 04, 2020

ACC share price has made a breakthrough. The stock has broken through the Rs 1400 per share barrier that it faced and managed to sustain above this level.

ACC share price shoots up over 4.75 pct; experts explain reason for rise, strategy to make money

ACC share price shoots up over 4.75 pct; experts explain reason for rise, strategy to make money

Tue, Jul 21, 2020

ACC share price has skyrocketed by over Rs 65 to 1,395.10 in the intraday trade session, which is around 4.91 per cent higher from its yesterday's close.

Stocks to buy and sell today: ICICI Bank, Lupin, Tata Chemical to PVR, 20 shares to watch for bumper returns - check full list here

Stocks to buy and sell today: ICICI Bank, Lupin, Tata Chemical to PVR, 20 shares to watch for bumper returns - check full list here

Tue, Jul 21, 2020

As per the Zee Business Fast Money research team, shares like ICICI Bank, Lupin, Tata Chemical, PVR are stocks to buy while one can sell IndiGo and Mastek shares.

Stocks in Focus on October 16: ACC, SBI Life to ONGC; here are the 5 Newsmakers of the Day

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

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?

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?

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?

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

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

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

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

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

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

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.”

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