Acc Q4 Results
Raw material prices, cost controls prop up Ambuja Cements, ACC's March qtr
Expansions, strong balance sheet and attractive valuations are supportive at a time when demand outlook is uncertain
 "Raw material prices, cost controls prop up Ambuja Cements, ACC's March qtr")
Stellar performance in Q4: ACC posts 126% surge in profit, shares up 6.4%
The trinity of strong volumes, cost optimisation and favourable product mix helped ACC post a stellar performance for the quarter ending December'17, its fourth quarter as the company follows a January-December financial year. These helped ACC post a 126 per cent year-on-year surge in net profit to Rs 2.06 billion, much head of Bloomberg consensus estimate of Rs 1.65 billion. Thus, it is not surprising that ACC's share price surged 6.4 per cent to Rs 1,692.30 on Thursday. And there are more triggers for the company, which could take its share price even higher, say analysts.Benefits of capacity expansions Sales volumes grew by a strong 27 per cent year-on-year to 6.92 million tonnes (MT). This was partly due to a low base as the year ago quarter has seen volumes fall by an estimated 9 per cent, and secondly, due to the ramp up of recently commissioned capacities at its Jamul and Sindri plants. Even then, it was ahead of most analysts' estimates of a growth of 20-23 per cent. Analysts .
 "Stellar performance in Q4: ACC posts 126% surge in profit, shares up 6.4%")
