|
17 Sep 2025 |
ACC
|
Consensus Share Price Target
|
1866.00 |
2137.97 |
- |
14.58 |
buy
|
|
|
|
|
28 Jul 2023
|
ACC
|
Axis Direct
|
1866.00
|
2540.00
|
1948.90
(-4.25%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock and increase our estimates for FY24E and FY25E.
|
|
17 Jul 2023
|
ACC
|
Motilal Oswal
|
1866.00
|
2000.00
|
1811.50
(3.01%)
|
Target met |
Neutral
|
|
|
|
|
05 May 2023
|
ACC
|
Geojit BNP Paribas
|
1866.00
|
1931.00
|
1764.65
(5.74%)
|
Target met |
Hold
|
|
|
|
|
04 May 2023
|
ACC
|
ICICI Direct
|
1866.00
|
2130.00
|
1766.30
(5.64%)
|
Target met |
Buy
|
|
|
|
|
03 May 2023
|
ACC
|
BOB Capital Markets Ltd.
|
1866.00
|
1964.00
|
1743.60
(7.02%)
|
Target met |
Hold
|
|
|
Volume-led topline growth truncated by muted realisations (+1% YoY) in Q4, an indication of market share pressure
|
|
03 May 2023
|
ACC
|
Axis Direct
|
1866.00
|
2300.00
|
1743.60
(7.02%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock while revising our estimates for FY24 and FY25 slightly lower.
|
|
28 Apr 2023
|
ACC
|
Motilal Oswal
|
1866.00
|
1990.00
|
1762.85
(5.85%)
|
Target met |
Neutral
|
|
|
|
|
28 Apr 2023
|
ACC
|
ICICI Securities Limited
|
1866.00
|
1832.00
|
1750.85
(6.58%)
|
Target met |
Hold
|
|
|
ACC has put up a decent operational performance for the quarter ending March 2023. Except realisation (which slipped >4% QoQ), ACC fared well on all other fronts. Notably – a) volumes surged >10% YoY despite plant shutdown in Himachal Pradesh for nearly half the quarter; b) freight cost/t eased ~7% QoQ while overall variable cost/t dipped ~6% QoQ; c) fixed cost (staff + other expenses), too, was down 4% YoY.
|
|
19 Apr 2023
|
ACC
|
ICICI Securities Limited
|
1866.00
|
1832.00
|
1749.30
(6.67%)
|
Target met |
Hold
|
|
|
Pricing power is crucial in the commodity business and the Indian cement sector is certainly losing the plot on that front. Elevated competitive intensity across regions, has prevented margin-accretive price hikes, despite: a) robust demand (Q4FY23E prices slipped ~1% QoQ notwithstanding peak season volume surge of ~10% YoY)
|
|
09 Feb 2023
|
ACC
|
ICICI Direct
|
1866.00
|
2600.00
|
1916.00
(-2.61%)
|
|
Buy
|
|
|
|