Page 5 - Acc Cement

ACC, Ambuja Cement, Grasim: Trading strategies for cement stocks

Ambuja Cement is exhibits a positive bias, and is likely to further gains on follow-up buying; whereas other cement stocks need to overcome major hurdles.

ACC Q1 net profit dips 29.5% to Rs 396 cr, revenue rises 3% to Rs 4,426 cr

The company, which follows the January-December financial year cycle, had posted a profit of Rs 562.59 crore in the same period a year ago, said ACC

Over half of Nifty500 stocks trade above 200-DMA; analysts see more upside

Nifty 50 is back to 18,000, still half of Nifty 500 stocks trade below 200-DMA

Analysts say cement stocks now attractive; price hikes to ease margin woes

Analysts believe current input cost headwinds are transitory as likely price hikes by companies will help aid margin pressures.

Sensex gains 657 pts, Nifty tops 17,450; Maruti rises 4%, Adani Wilmar 20%

Stock market LIVE: Sectorally, Nifty Auto index was the top performer now, up 1.5 per cent, followed by Nifty Private Bank, and IT indices. PSU index was the sole loser, down 0.8 per cent.

India Cement, ACC: Breakout in cement stocks signal up to 11% rise

Ambuja Cements and India Cements charts indicate breakout of 'Inverse Head and Shoulder' pattern, thus a bullish trend ahead.

ACC, Grasim: Cement stocks have more steam left in the short-term

All the major cement stocks are gearing up for next upside, check the near term support and likely targets here

Cement stocks firm; ACC, Grasim, UltraTech can rally up to 11%, charts show

The present scenario hints a strong momentum in the cement stocks, wherein shares of ACC, Grasim and UltraTech Cement are claiming new uncharted territory with firm volumes

Weak demand, high cost to keep cement firms' EBITDA muted in Q2: Centrum

Q2FY22 is generally a weak quarter for cement makers due to monsoon, but the quarter under preview has also been affected by rising coal and pet coke prices and a transporters' strike

Top headlines: Dow tanks 750 points; Shiv Nadar resigns as MD of HCL Tech

Here are the top news stories of the day

Cement shares in demand; UltraTech, Ambuja, Dalmia Bharat hit new highs

In the past one month, shares of Dalmia Bharat, JK Lakshmi Cement, Ramco Cement and Ambuja Cement have rallied between 11 per cent and 19 per cent

Higher volumes, price hikes put cement firms on strong footing

Cement is among the few sectors witnessing strong demand and pricing power

Cement shares in demand; UltraTech, Ambuja, Ramco Cement hit new highs

Following around 10 per cent YoY growth in volumes in Q3FY21, Motilal Oswal Securities expects the sector's volumes to grow around 20 per cent YoY in Q4FY21

ACC Ready Mix launches low-carbon range of eco-friendly concrete products

Launched in Mumbai and Hyderabad, ECOPact range will be rolled out across India in a phased manner in the next few weeks

ACC consolidated net profit jumps 73% to Rs 472.4 cr in Dec quarter

The company, which follows the January-December financial year cycle, had posted a net profit of Rs 273.28 crore in the corresponding quarter a year ago, ACC said in a BSE filing

Rebound in demand helps UltraTech Cements lead over peers in Sept qtr

Ambuja, ACC also put up good showing, which has led to a significant earnings upgrade for the trio

Buy these stocks for a 10% upside on MSCI's new foreign ownership norms

Ipca Labs has tripled in the last one year from the lows of Rs 817 and continues to hold the same strength and momentum. Charts indicate more headroom from the current levels

Tata Elxsi, JSW Steel: Trading strategies for stocks near 52-week high

The OFSS counter is heading towards Rs 3,600-mark as per the weekly chart.

Strong realisation, cost saving lift ACC's Q3 show; sales at year-ago level

The robust Q3 operating performance that was ahead of expectations is driving upgrades in earnings and target prices

Firm realisations, cost control boost ACC's performance in June quarter

Valuation of 7.6x its CY21 EV/Ebitda and EV/tonne of $79 appears attractive