|
17 Sep 2025 |
ACC
|
Consensus Share Price Target
|
1866.00 |
2137.97 |
- |
14.58 |
buy
|
|
|
|
|
05 Feb 2024
|
ACC
|
BOB Capital Markets Ltd.
|
1866.00
|
2542.00
|
2486.20
(-24.95%)
|
Target met |
Hold
|
|
|
GCPL: Consistent volume growth; cut to HOLD post rally. JSP: Valuations overdone; downgrade to HOLD. ACC: Strong margins; cut to HOLD on full valuations. Bonds Wrap: Fortnightly review. Currency Outlook: Fortnightly forex review. VGRD: In-line quarter. ORIENTEL: Slow quarter; Hyderabad plant to spur growth. SOMC: Lacklustre demand dulls performance. MTLM: Strong performance on fast ramp-up of MDF plant. SRCM: Healthy quarter, expensive valuations
|
|
02 Feb 2024
|
ACC
|
BOB Capital Markets Ltd.
|
1866.00
|
2542.00
|
2499.45
(-25.34%)
|
Target met |
Hold
|
|
|
Q3 revenue growth of 8% YoY bolstered by 16% uptick in volumes while realisations moderated 5%
|
|
01 Feb 2024
|
ACC
|
IDBI Capital
|
1866.00
|
3224.00
|
2530.00
(-26.25%)
|
|
Buy
|
|
|
|
|
29 Jan 2024
|
ACC
|
Axis Direct
|
1866.00
|
2750.00
|
2492.90
(-25.15%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
06 Jan 2024
|
ACC
|
Axis Direct
|
1866.00
|
2615.00
|
2377.45
(-21.51%)
|
Target met |
Buy
|
|
|
We recommend a BUY on the stock for a target price of Rs 2615/ implying an upside of 10% from CMP.
|
|
03 Nov 2023
|
ACC
|
BOB Capital Markets Ltd.
|
1866.00
|
2158.00
|
1859.85
(0.33%)
|
Target met |
Buy
|
|
|
Q2 volumes flat YoY (-15% QoQ) at 6.9mt due to flood impact in key markets
|
|
27 Oct 2023
|
ACC
|
Axis Direct
|
1866.00
|
2460.00
|
1878.00
(-0.64%)
|
Target met |
Buy
|
|
|
Strong Volume Growth: The company's volume increased by 18% YoY to 8.1 mtpa, supported by an increase in blended cement and an improvement in efficiency parameters.
|
|
27 Oct 2023
|
ACC
|
ICICI Securities Limited
|
1866.00
|
2451.00
|
1899.85
(-1.78%)
|
Target met |
Buy
|
|
|
ACC had a decent performance in Q2FY24 with EBITDA/t at INR 677 (4% below estimates), down 17% QoQ mainly due to seasonal low-operating leverage. While realisation disappointed, falling 1.2% QoQ, the underlying price improvement across regions is driving ~3% upwards revision to each of our FY24E and FY25E EBITDA estimates.
|
|
11 Sep 2023
|
ACC
|
Geojit BNP Paribas
|
1866.00
|
2325.00
|
2051.05
(-9.02%)
|
Target met |
Accumulate
|
|
|
|
|
30 Jul 2023
|
ACC
|
ICICI Securities Limited
|
1866.00
|
2084.00
|
1948.90
(-4.25%)
|
Target met |
Accumulate
|
|
|
ACC has made a strong comeback under the management of Adani Group. Q1FY24 EBITDA surged 81% YoY / 65% QoQ (65% ahead of our estimate) with outperformance across the board. With industry-superior volume growth (up 24% YoY) as well as cost control (costs down >7% QoQ), ACC’s EBTDA/te gap vs industry leader UltraTech Cement has got narrowed to ~INR 200 from >INR 400-500 in the past.
|