Despite the two-day rally, in the past one month, cement companies stocks have underperformed the market by falling up to 17%, as against 8% fall in the BSE Sensex.
Among stock preferences, UltraTech Cement remains its top pick in the large-cap segment for Motilal Oswal, while it maintains a positive view on JK Cement and Dalmia Bharat in the mid-cap space
ACC, IRCTC, IREDA, Akzo Nobel India, Emami, KPIT Technologies and Premier Energies also hit 52-week lows in the intraday trade on February 1
Stocks to Watch today: SBI Life Insurance, L&T, M&M Financial Services, ACC, SBI Cards and Cochin Shipyard are among the stocks to watch today, January 29, 2026
Excluding one-offs of last year, normalised PAT is up 347%
Cement maker ACC Ltd on Wednesday said its consolidated net profit declined 63 per cent year-on-year to Rs 404.25 crore in the December quarter of FY26. The company recorded a profit of Rs 1,091.79 crore in the October-December quarter a year ago, according to a regulatory filing from ACC, now a part of Adani Cement. However, revenue from operations rose 21.7 per cent to Rs 6,391.17 crore in the December quarter, which is the highest-ever quarterly revenue. It was at Rs 5,251.70 crore in the corresponding period a year ago. This was "highest ever quarterly revenue" which was "driven by higher premium product", which was up 33 per cent on a YoY basis. Total expenses of ACC were at Rs 6,114.34 crore in the December quarter, up 16.84 per cent year-on-year. ACC's revenue from the cement business was at Rs 6,028.98 crore, up 6.54 per cent, compared to Rs 5,658.58 crore recorded in the December quarter a year ago. During the reporting quarter, ACC sales volume was 11.3 million tonnes (
In the past two trading days, the BSE Sensex has slipped 1.6 per cent owing to the US tariff related uncertainties. In the same period, the BSE 500 index has shed 2.1 per cent.
Analyst at Choice Broking cautions against bottom-fishing, and instead recommend a wait & watch approach for a potential trend reversal.
In the past one month, the BSE 500 index has underperformed the market by falling nearly 1 per cent, as compared to 1.3 per cent rise in the BSE Sensex.
ACC's second-quarter profit rose 460% year-on-year to Rs 1,119 crore on tax reversal gains and higher premium sales, as the cement major reported its best-ever Q2 revenue
Cement maker ACC Ltd on Friday reported more than five-fold rise in consolidated profit after tax (PAT) to Rs 1,119.26 crore in the September quarter on the back of strong sales. The company had posted a consolidated net profit of Rs 199.7 crore in the same period last fiscal year, ACC Ltd said in a regulatory filing. Consolidated revenue from operations in the September quarter stood at Rs 5,896.16 crore as against Rs 4,542.23 crore in the corresponding period last fiscal year, it added. Total expenses in the quarter under review stood at Rs 5,393.42 crore as against Rs 4,473.67 crore in the same period a year ago, the company said. In the second quarter, cement and ancillary services clocked revenue of Rs 5,519.18 crore, up from Rs 4,373.41 crore in the year-ago period, the filing said. Ready mix concrete segment posted revenue of Rs 453.62 crore as against Rs 289.1 crore in the same period last fiscal year, the company said.