ACC firms up on reporting 5.33% increase in April’s cement production

03 May 2012

ACC is currently trading at Rs 1214.95, up by 3.65 points or 0.30% from its previous closing of Rs 1211.30 on the BSE.

The scrip opened at Rs 1192.00 and has touched a high and low of Rs 1215.50 and Rs 1192.00 respectively. So far 8813 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1421.95 on 10-Feb-2012 and a 52 week low of Rs 917.00 on 20-Jun-2011.

Last one week high and low of the scrip stood at Rs 1249.00 and Rs 1190.00 respectively. The current market cap of the company is Rs 22741.59 crore.

The promoters holding in the company stood at 50.30% while Institutions and Non-Institutions held 30.17% and 19.53% respectively.

Cement major, ACC’s cement production in April 2012 has increased by 5.33% at 2.17 million tonne, as against 2.06 million tonne in the year-ago period. The company's dispatches in the month were up by 0.97% at 2.07 million tonne, as against 2.05 million tonne in same month last year.

On cumulative basis, for the January-April period this year, its production increased 7.12% at 8.87 million tonne as against 8.28 million tonne in the year-ago, while its dispatches for the same period surged 6.28% at 8.79 million tonne as against 8.27 million tonne in the corresponding period.

ACC is India’s foremost manufacturer of cement and concrete. The company’s operations are spread throughout the country with 14 modern cement factories, more than 30 ready mix concrete plants, 20 sales offices, and several zonal offices. 

ACC Share Price

1877.10 -6.20 (-0.33%) May 14, 18:01
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