ACC to open a series of cement brick-making units

27 Nov 2015

ACC is planning to open a series of cement brick-making units in partnership with dealers and social organizations, to retain its retail rural market share and enhance focus on value-added products.

While ACC will provide the expertise and technical support, the joint venture partner, which gets to retain 80 per cent of the profit, would own and operate the units. Each plant calls for an investment of Rs 2-2.6 crore.

The brick units have to compulsorily source cement from ACC which has opened 19 brick units largely in the northern and eastern part of India. The company is also planning to set up another 26 brick units in seven months.

ACC is India’s foremost manufacturer of cement and ready mixed concrete with a countrywide network of factories and sales offices.

ACC Share Price

1854.80 58.45 (3.25%) Mar 04, 18:59
1 Year Price Chart
Company Name CMP
Ultratech Cement 6776.50
ACC 1854.80
Shree Cement 28706.70
Ambuja Cement 292.15
Dalmia Bharat 1487.90
View more..
Sensex vs ACC
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323