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ACC Ltd (ACC)

₹2686.451.08%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 35 analysts

BUY

68.57%

Buy

14.29%

Hold

17.14%

Sell

Based on 35 analysts offering long term price targets for ACC Ltd. An average target of ₹2853.6

Source: S&P Global Market Intelligence

ACC Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹2,671.15
    ₹2,719.9
  • 52 Week's Low

    52 Week's High

    ₹1,762.65
    ₹2,844
1 Month Return+ 2.41 %
3 Month Return+ 12.6 %
1 Year Return+ 51.29 %
Previous Close₹2,715.85
Open₹2,716.50
Volume3.51L
Upper Circuit-
Lower Circuit-
Market Cap₹51,000.20Cr

Key Statistics

P/E Ratio21.83
PEG Ratio0.22
Market Cap₹51,000.20 Cr
P/B Ratio2.92
EPS73.28

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option1.59%
Mirae Asset Large & Midcap Fund Direct Plan GrowthMirae Asset Large & Midcap Fund Direct Plan Growth1.53%
SBI Contra Fund Direct GrowthSBI Contra Fund Direct Growth1.1%
SBI Large & Midcap Fund Direct GrowthSBI Large & Midcap Fund Direct Growth1.39%
Mirae Asset Midcap Fund Direct GrowthMirae Asset Midcap Fund Direct Growth2%

Company Information

ACC Limited is one of the leading cement manufacturing companies in India. Incorporated in 1936, it is a part of the renowned Holcim Group and is the country's oldest and largest cement producer.

The company operates in two lines of business - cement and ready-mix concrete. It has a wide range of cement products, including ordinary Portland cement, Portland pozzolana cement, Portland blast furnace slag cement and ready-mix concrete. ACC's popular brands include ACC Gold, ACC Suraksha, ACC Concrete Plus and ACC LeakBlock.

ACC's top products include Portland Pozzolana Cement, Ready Mixed Concrete, Blast Furnace Slag Cement, and Ordinary Portland Cement. ACC Gold is one of the most popular brands of cement produced by ACC Ltd. It is a superior quality cement that is used for all types of construction, from small-scale projects to large-scale projects. ACC Suraksha is a special cement that is designed to provide superior strength and durability. ACC Concrete Plus is a ready-mix concrete product that is used for various construction projects. ACC LeakBlock is a waterproof cement that is used to prevent water leakage in walls and roofs.

Share Price: ₹2686.45 per share as on 18 Jul, 2024 04:01 PM
Market Capitalisation: ₹51,000.20Cr as of today
Revenue: ₹5,408.72Cr as on March 2024 (Q1 24)
Net Profit: ₹944.84Cr as on March 2024 (Q1 24)
Listing date: 03 Nov, 1994
Chairperson Name: Karan Adani
OrganisationACC Ltd
HeadquartersMumbai
IndustryCement
E-voting on sharesClick here to vote
ACC Cement Share Price
ACC Super Cement Share Price
ACC Concrete Share Price

Key events for ACC Ltd

  • ACC Ltd Reports Strong Q4 Results - 17 Jul, 2024

    ACC Ltd reported a 10% increase in revenue and a 76% increase in net profits from the December quarter to the March quarter. The company's PEG ratio is less than 1, indicating that the stock may be undervalued. Additionally, ACC Ltd reported strong returns on equity and capital employed for FY23-24.

  • Motilal Oswal Gives Buy Call on ACC Ltd with Target Price of Rs 3300 - 15 Jul, 2024

    ACC Ltd reported a consolidated total income of Rs 5528.45 crore, up 10.56% from the last quarter and up 12.59% YoY. The company's net profit after tax for the latest quarter was Rs 944.14 crore. Promoters hold 56.69% stake in the company as of March 31, 2024.

  • HDFC Securities Gives Buy Call on ACC Ltd with Target Price of Rs 3025 - 11 Jul, 2024

    ACC Ltd reported a consolidated total income of Rs 5528.45 crore for Q1 2024, up 10.56% from the previous quarter and 12.59% YoY. The company's net profit after tax was Rs 944.14 crore. Promoters held 56.69% stake in the company as of March 31, 2024, while FIIs owned 6.17%, DIIs 24.55%.

  • ACC Ltd Expected to Report Decrease in Net Profit and Sales - 09 Jul, 2024

    Prabhudas Lilladher expects ACC Ltd's net profit to decrease by 34.2% YoY and 60.3% QoQ, with net sales expected to decrease by 9.8% YoY and 13.3% QoQ. EBITDA is also likely to fall by 21.8% YoY and 28% QoQ.

  • Emkay Global Gives Buy Call on ACC Ltd with Target Price of Rs 2900 - 04 Jul, 2024

    ACC Ltd reported a consolidated total income of Rs 5528.45 crore for Q1 2024, up 10.56% from the previous quarter and 12.59% YoY. The company's net profit after tax was Rs 944.14 crore in the latest quarter. Promoters hold 56.69% stake in the company as of March 31, 2024.

  • ACC Ltd Stock Breaks Out Above Resistance Mark - 03 Jul, 2024

    ACC Ltd stock has broken out above its recent swing high resistance mark of 2,746.40 and closed above it with a surge in volumes. Traders and investors are advised to buy with a stop-loss of 2,700 for potential targets of 3,000 and above.

  • ACC Ltd's P/E Ratio Lower Than Average Despite Strong Earnings Performance - 30 Jun, 2024

    ACC Ltd has a lower-than-average P/E ratio of 21.1x despite delivering an exceptional 378% gain to the company's bottom line in the last year. However, EPS growth forecast for the coming three years is lower than the broader market at 7.4% per annum. Investors believe that this strong earnings performance might be less impressive moving forward.

  • UltraTech and Adani Compete for Market Share in Cement Industry - 28 Jun, 2024

    UltraTech's stake in India Cements puts it in competition with Adani's Ambuja and ACC cement companies to gain market share. Consolidation in the industry is ongoing as both UltraTech and Adani try to increase their market share.

  • Goldman Sachs Downgrades ACC Stock to Sell - 27 Jun, 2024

    Global brokerage Goldman Sachs has downgraded ACC Ltd. from Neutral to Sell citing a lack of capacity additions and high exposure to markets where competitors are expanding capacity. The price target for ACC is set at ₹2,500.

  • ACC Ltd. Stock Trades Bullish with Consolidated Sales of Rs 5528.45 Crore - 26 Jun, 2024

    Shares of ACC Ltd. climbed 2.24% to trade at Rs 2627.45, with a bullish MACD signal. The company reported consolidated sales of Rs 5528.45 crore for the latest quarter.

  • ACC Ltd Sells 5.6 Million Tonnes of Cement and Clinker to Zydus Wellness - 24 Jun, 2024

    ACC Ltd sold 5.6 million tonnes of cement and clinker to Zydus Wellness under a master supply agreement, achieving synergies and cost efficiency while bolstering sustainability.

  • Bearish Engulfing Pattern Formed in ACC Ltd - 19 Jun, 2024

    ACC Ltd has formed a bearish engulfing pattern near its previous high, facing overhead resistance. RSI is losing momentum and forming negative divergence. A short trade can be taken below 2640 with a stop-loss above 2695 on a daily close basis. The price can fall down to 2570 and below that, it can fall down to 2540 - 2490. Holding duration 2-3 days.

Insights on ACC Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, ACC stock has moved up by 1.9%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 13.43% to 14.50% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 387.85 Cr → 944.79 Cr (in ₹), with an average increase of 35.5% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 4.64K Cr → 5.75K Cr (in ₹), with an average increase of 10.1% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Grasim Industries Ltd has given 81.4% return, outperforming this stock by 55.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Ambuja Cements Ltd has given 64.7% return, outperforming this stock by 13.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 56.69% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 12.77% to 12.34% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 6.23% to 6.17% in Mar 2024 quarter

News

Motilal Oswal Recommends Buying ACC, Sets Target Price at Rs 3300 - Share Price India News

Motilal Oswal Recommends Buying ACC, Sets Target Price at Rs 3300, Motilal Oswal has advised investors to buy shares of ACC Ltd., with a target price of Rs

15 Jul, 2024 12:07 PM

ACC rises 0.84% as Sensex climbs

The stock traded at a P/E multiple of 21.88, while the price-to-book value ratio stood at 2.87.

16 Jul, 2024 10:35 AM

ACC shares down 1.01% as Sensex rises

A total of 2,952 shares changed hands on the counter till 12:28PM (IST)

18 Jul, 2024 12:28 PM
View More

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹5,408.72Cr
↑10.06%
Net Income
₹944.84Cr
↑75.73%
Net Profit Margin
17.47%
↑59.69%
2024Y/Y Change
Revenue
₹19,958.92Cr
↓10.14%
Net Income
₹2,336.53Cr
↑163.95%
Net Profit Margin
11.71%
↑193.48%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹23,194.76Cr
↑12.35%
Total Liabilities
₹7,172.81Cr
↑8.64%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹2,980.37Cr
↓340.59%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.69%
0.00
Foreign Institutions
6.17%
0.00
Mutual Funds
14.5%
0.00
Retail Investors
12.34%
0.00
Others
10.3%
0.00

Key Indicators

ACC Ltd Valuation

ACC Ltd in the last 5 years

  • Overview

  • Trends

Lowest (12.52x)

March 25, 2020

Today (21.83x)

July 16, 2024

Industry (66.09x)

July 16, 2024

Highest (71.29x)

June 6, 2023

LowHigh

Earnings and Dividends

  • ACC Ltd Earnings Results

    ACC Ltd’s net profit jumped 300.96% since last year same period to ₹944.79Cr in the Q4 2023-2024. On a quarterly growth basis, ACC Ltd has generated 75.73% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • ACC Ltd Dividends April,2024

    In the quarter ending March 2024, ACC Ltd has declared dividend of ₹7.50 - translating a dividend yield of 0.62%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

ACC Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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ACC Ltd (ACC) share price today is ₹2686.45

ACC Ltd is listed on NSE

ACC Ltd is listed on BSE

  • Today’s highest price of ACC Ltd is ₹2719.9.
  • Today’s lowest price of ACC Ltd is ₹2671.15.

PE Ratio of ACC Ltd is 21.83

PE ratio = ACC Ltd Market price per share / ACC Ltd Earnings per share

Today’s traded volume of ACC Ltd(ACC) is 3.51L.

Today’s market capitalisation of ACC Ltd(ACC) is ₹51000.2Cr.

ACC Ltd(ACCPrice
52 Week High
₹2844
52 Week Low
₹1762.65

ACC Ltd(ACC) share price is ₹2686.45. It is down -5.54% from its 52 Week High price of ₹2844

ACC Ltd(ACC) share price is ₹2686.45. It is up 52.41% from its 52 Week Low price of ₹1762.65

ACC Ltd(ACCReturns
1 Day Returns
-29.4%
1 Month Returns
2.41%
3 Month Returns
12.6%
1 Year Returns
51.29%