ACC ended CY18 at a capacity utilisation of ~86%, up from 79% in CY17 on the back of strong industry growth during the year. However, for the long term, growth constraints have been addressed with the announcement of greenfield, brownfield projects. These projects entailing a capex of | 3000 crore would enhance the grinding capacity by 5.8 MT. However, additional capacities are expected to come into operation only by CY21E. Thus, for CY19E, CY20E, the company is expected to report lower than industry...