ACC Limited possesses expertise in cement manufacturing. The company has its base in India. Earlier the name was meant for The Associated Cement Companies Limited. But after the acquisition of it by the Swiss cement giant Holcim in the year 2004, the name of the company was changed to ACC Limited in the year 2006. The company has earned the reputation of becoming the first superbrand company in terms of cements manufacturing. It was founded way back in the year 1936.
ACC Limited mainly manufactures two types of cement: ordinary Portland cements and blended cements. Ordinary Portland cements include 43 grade cement and 53 grade cement while the blended cements include Portland slang cement and Fly-ash based Portland Pozzolana Cement. The company has coverage all over the country of India with 14 modern cement factories, 20 sales offices, more than 30 ready mix cement plants and several zonal offices. It is currently supported by a massive workforce of more than 9,500 people and 9000 dealers spread all over the country.
ACC Limited has four subsidiaries and associates. They are: ACC concrete Limited, Lucky Minmat, Bulk Cement Corporation (India) Limited and ACC Mineral Resources Limited.
As per the official reports for the quarter ended in June, 2009 the unaudited net sales/income from operations were 218,821.83 lacs. The profit from operations before other income, interest and exceptional items was 68,079.83 lacs.
ACC Limited has grown with India. Its growth story is closely knitted with the growth of India. It has made consistent extraordinary financial performance for itself in the online stock market for many years in the row. If you want to learn the prospects of trading in its stocks which are very good financial tool for both short term and long term wealth building, you can request free reports and tips from this site. We provide well crafted guidance and analysis to buy or sell stocks in the trading arena with quality trading calls.
Buy ACC with 2-3 day targets of Rs 853 and 868 and stop loss of Rs 830, says Manoj Sachdeva of Hem Securities on CNBC Awaaz. The stock is currently trading at Rs 838.40, down 0.2% on the BSE.
Buy ACC with 4-day target of Rs 840 and stop loss of Rs 795, says JK Doshi, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 823.25, up 0.5% on the BSE.
Sell ACC futures at Rs 850 with target of Rs 830 and stop loss of Rs 860, says Somesh Kumar of Karvy Stock Broking on CNBC Awaaz. The stock is currently trading at Rs 835.85, down 1% on the BSE.
Sell ACC at Rs 870 with target of Rs 830 and stop loss of Rs 890, says Somesh Kumar of Karvy Stock Broking on CNBC Awaaz. The stock is currently trading at Rs 863.65, down 3.2% on the BSE.