Business Standard

ACC rises 5%

Related News

The stock jumped 5 per cent to Rs 913.95 after the company inaugurated a 1.2 million tonne factory at Kudithini village in Karnataka, 16th in the country, on an investment of Rs 370 crore. With the new plant, the company’s total annual capacity has gone up to 26 million tonnes. It has also consolidated the company’s position as India's largest cement producer.

Meanwhile, the company reported a marginal dip in sales in December at 1.88 million tonnes. The company had sold 1.9 million tonnes of cement in December 2008. Cement production of the company also declined to 1.86 million tonnes during the last month, compared with 1.91 million tonnes in the year-ago period.

Read more on:   

Quick Links

 

Market News

Domestic market not showing revival, ceramic units look global

Ceramic industries face reduction in business because of slowdown in real estate sector

Indiabulls Securities pays Rs 1 crore to Sebi to settle allegations

The settlement charges were invoked after the irregularities were found in the company's broking operations

Mid-cap outperformance unlikely to sustain next year

Valuations at present trading at a premium to large-cap stocks

Nifty ends above 8,200 amid firm global cues

ICICI Bank, Infosys, RIL and TCS lead the rally

Markets end higher for second straight session

The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225

Back to Top