ACC Ltd News

UltraTech, Dalmia, Birla Corp, India Cements fall upto 3% today; here's why

The additional tax on limestone will increase the overall raw material cost of Tamil Nadu based cement manufacturers as limestone is a key raw material for manufacturing cement

Nuvama says 'Buy' ACC, Ambuja, JK Cement as sector sentiment improves

With industry focus shifting to volume growth in the closing quarter of the year, the likelihood of substantial price hikes in the near-term remains low due to the continued high competitive pressure

ACC Q3FY25 results: Profit skyrockets 103% to Rs 1,092 cr, revenue up 7%

ACC Q3FY25 company results: The cement and building materials arm of the Adani Group attributed the rise in profit to higher volumes, cost optimisation measures, and improved operational efficiency

Q3 results Jan 27: Coal India, Tata Steel among 78 to post earnings today

Q3FY25 company results, January 27: Coal India, Bajaj Housing Finance, Canara Bank, and ACC will release their reports for the Oct-Dec 2024 quarter

UltraTech Cement rallies 6% post Q3 results; Ramco, JK Lakshmi surge 5%

Going forward, UltraTech expects to generate a sustainable volume growth of 7- 8% on likely government focus on infrastructure and housing projects, alongside increased rural and urban demand.

Breakout stocks: HDFC Life, ACC, LTTS can rally up to 18%; show charts

The near-term bias for HDFC Life and LTTS is expected to remain upbeat as long as the stocks trade above Rs 643 and Rs 5,090 levels; suggests the technical charts.

Adani Group shares in focus; Power, Green, Energy Solutions gain up to 12%

Shares of Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Total Gas and Adani Enterprises have rallied between 5 per cent and 12 per cent, so far today

Cement shares in demand; UltraTech, Shree, JK, Dalmia Bharat gain up to 5%

While FY25 is seeing slow growth and subdued govt spending, CareEdge maintains a long-term outlook aligned with India's broader growth strategy with housing, continuing to be primary driver of cement.

Adani Group shares rally for 2nd day; Adani Green, Total Gas zoom up to 19%

At 11:09 am; Adani Total Gas was trading 14% higher, while Adani Green and Adani Energy Solutions were locked in the 10% upper circuit, as compared to nearly 1% decline in the BSE Sensex.

Adani group shares surged up to 6% today; here's what triggered the rally

Adani Green Energy clarified today that allegations against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain under the US FCPA by the US Department of Justice are "incorrect."

Adani shares crack up to 8% on Fitch downgrade; Green, Energy at 52-wk lows

In the past one week, the market price of Adani Green Energy and Adani Energy Solutions tanked 37 per cent and 32 per cent, respectively.

Adani Group shares surge up to 7%; extend recovery post Maha poll verdict

Last week, shares of Adani Group tanked up to 28% after Gautam Adani, along with other executives, were charged by US prosecutors with bribery, fraud charges.

Gautam Adani US indictment: Adani Group stocks extend fall by another 11%

In two days, the stock price of Adani Enterprises and Green Energy have tanked by 28%, Adani Energy slipped 27%, while Ports, Power, Total Gas, Wilmar and Ambuja Cements are down between 14% and 18%

Adani Group shares plunge up to 20% post US SEC bribery, fraud charges

Gautam Adani, along with other executives, has been charged by US prosecutors for allegedly bribing ($250 million) Indian officials.

ACC, 2 pvt banks among 8 midcap stocks turn favourable on tech charts

The Nifty MidCap index has gained 3% from its recent low in the last three days. Amid this these 8 stocks have seen key momentum oscillators turn favourable on the daily chart.

ACC Q2 results: PAT falls to Rs 200 cr, revenue at Rs 4,613.52 cr

Cement maker ACC Ltd on Thursday reported a consolidated profit after tax of Rs 199.7 crore for the second quarter ended September 30, 2024. The company had logged a profit after tax (PAT) of Rs 387.88 crore in the corresponding period last fiscal, ACC Ltd said in a regulatory filing. Revenue from operations in the second quarter stood at Rs 4,613.52 crore as compared to Rs 4,434.73 crore in the year-ago period, it added. ACC said its Q2 revenue is the highest over the last five years driven by higher trade sales volume and premium product as percentage of trade sales. Total expenses were higher at Rs 4,452.73 crore as compared to Rs 4,127.11 crore. The results for the quarter and half year ended September 30, 2024 are not comparable with the year-ago periods as these include consolidated financial results of Asian Concretes and Cements Pvt Ltd (ACCPL), which ACC Ltd took control of on January 8, 2024, the filing said. ACC had acquired the remaining 55 per cent of the voting sha

Adani Group stocks in focus; Energy Solutions, AEL rally up to 6%

Shares of Adani Energy Solutions, Adani Ports, Adani Enterprises, Adani Power, Adani Green Energy, Adani Total Gas, Adani Wilmar and Ambuja Cements were up in the range of 2 to 6 per cent.