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Strong demand boosts ACC, Ambuja Oct sales

02 Nov 2010 Evaluate

The sharp rise in production and dispatches posted by the Holcim group companies — Ambuja Cement and ACC — have signalled the revival of strong demand post-monsoon. ACC dispatches rose 19 per cent to 1.92 million tonnes (mt) in October while production jumped 16 per cent to 1.98 mt. Sales and output are much higher even when compared month-on-month.

Similarly, Ambuja Cement sales improved 20 per cent to 1.75 million tonnes despite the transport strike at the company's Himachal Pradesh unit. Production rose 17 per cent to 1.75 mt in October.

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Peers
Company Name CMP
Ultratech Cement 11025.45
Ambuja Cements 377.55
ACC 1222.35
Shree Cement 22167.45
Dalmia Bharat 1668.80
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