ACC reported revenue of ` 34.3bn (+10.2% YoY, -10.8% QoQ). Weak realization in the Eastern and Southern region (55.4% of ACC's capacity) resulted in blended realization increasing by modest 0.5% YoY to Rs4713/ton (-1.9% QoQ), lower than our expectation. However, the volume growth trajectory continued to remain strong, grey cement...