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Apollo Global Management may lend $1 bn to JSW for Ambuja Cements buy

The group is in talks with several sovereign funds based in west Asia to acquire Ambuja Cements

Apollo Global Management may lend $1 bn to JSW for Ambuja Cements buy
Updated On : 30 Apr 2022 | 6:10 AM IST

Indices snap 5-day losing run; Sensex soars 574 pts, tops 57,000; RIL up 3%

CLOSING BELL: Ultratech Cement, RIL, Maruti Suzuki, Asian Paints, Bharti Airtel, and TCS were the top Sensex gainers

Indices snap 5-day losing run; Sensex soars 574 pts, tops 57,000; RIL up 3%
Updated On : 20 Apr 2022 | 3:36 PM IST

Stocks to Watch: Mindtree, ACC, L&T Infotech, Maruti, AU Bank, IDFC

AU Small Finance Bank may be in focus as the company will consider bonus issue along with results on April 26.

Stocks to Watch: Mindtree, ACC, L&T Infotech, Maruti, AU Bank, IDFC
Updated On : 19 Apr 2022 | 8:22 AM IST

Ambuja Cements-ACC deal likely to propel buyer to No. 2 position

The open offer for ACC will cost the acquirer Rs 10,800 crore, or $1.42 billion

Ambuja Cements-ACC deal likely to propel buyer to No. 2 position
Updated On : 15 Apr 2022 | 6:04 AM IST

Jay Shah's term as Asian Cricket Council president extended by one year

Shah had taken over the reins of the ACC in January last year from Bangladesh Cricket Board (BCB) president Nazmul Hassan, making him the youngest administrator to be re-appointed as ACC president

Jay Shah's term as Asian Cricket Council president extended by one year
Updated On : 19 Mar 2022 | 3:37 PM IST

Cement firm ACC bags Kannur Limestone Block in Karnataka

Cement maker ACC Ltd on Thursday said it has been declared as successful bidder for Kannur Limestone Block in Karnataka. Through this mining block, the company has secured estimated limestone resources above 250 million tonnes, ACC said in a statement without disclosing its bid amount. This limestone block is in close proximity to the company's existing Wadi cement plant, it added. ACC, a subsidiary of Swiss building material major Holcim group (earlier LafargeHolcim), had participated in an e-auction of the block, located in Kalburgi district of Karnataka. "Department of Mines & Geology, Government of Karnataka has declared ACC as the successful bidder for Kannur, Wadi Area, Limestone Block in the State of Karnataka, ACC said. On Wednesday, ACC had reported a 40.55 per cent decline in its consolidated net profit to Rs 280.85 crore for the quarter ended on December 31, 2021, due to adverse input inflation. Its revenue from operations in October-December 2021 was up 1.95 per cent

Cement firm ACC bags Kannur Limestone Block in Karnataka
Updated On : 10 Feb 2022 | 3:59 PM IST

Sensex sheds 456pts, Nifty gives up 18,300; Airtel, SBI buck the trend

Stock market LIVE: All sectoral indices barring telecom ended in the the negative zone; Declining stocks out-numbered advancing shares in the ratio 2:1 on the BSE

Sensex sheds 456pts, Nifty gives up 18,300; Airtel, SBI buck the trend
Updated On : 20 Oct 2021 | 3:44 PM IST

ACC third quarter net profit increases 24% to about Rs 450 crore

Shares of ACC Ltd on Tuesday settled at Rs 2,245.50 on the BSE, down 2.55 per cent from the previous close.

ACC third quarter net profit increases 24% to about Rs 450 crore
Updated On : 19 Oct 2021 | 11:05 PM IST

Switzerland-based Holcim group losing share in Indian cement market

Swiss multinational is now a distant second in the country's cement market, behind Ultratech

Switzerland-based Holcim group losing share in Indian cement market
Updated On : 23 Sep 2021 | 6:09 AM IST

Govt approves extension of terms of three MD-CEOs, 10 EDs of PSU banks

Mallikarjuna Rao of PNB, Atul Kumar Goel of UCO Bank and A S Rajeev of Bank of Maharashtra are the three MD-CEOs to have got extensions

Govt approves extension of terms of three MD-CEOs, 10 EDs of PSU banks
Updated On : 27 Aug 2021 | 12:02 AM IST

ACC shares jump over 7%; hit 52-wk high after earnings announcement

Shares of cement maker ACC Ltd zoomed over 7 per cent to its 52-week high after the company reported an over two-fold jump in consolidated net profit for the second quarter ended June 2021.

ACC shares jump over 7%; hit 52-wk high after earnings announcement
Updated On : 20 Jul 2021 | 6:14 PM IST

ACC surges 7%, hits new high on strong operational performance in Q2

The company's Ebitda (earnings before interest, taxes, depreciation, and amortization) margins expanded 233 basis points (bps) quarter-on-quarter to 22.4 per cent due to higher realisations

ACC surges 7%, hits new high on strong operational performance in Q2
Updated On : 20 Jul 2021 | 10:11 AM IST

Stocks to watch: HCL Tech, Bajaj Finance, ACC, Clean Science, Asian Paints

Cement maker ACC reported an over two-fold jump in consolidated net profit to Rs 569.45 crore for the second quarter ended June 2021

Stocks to watch: HCL Tech, Bajaj Finance, ACC, Clean Science, Asian Paints
Updated On : 20 Jul 2021 | 8:17 AM IST

ACC Q2 net profit up two-fold to Rs 569 cr; revenue up 49% to Rs 3,885 cr

Cement maker ACC Ltd on Monday reported an over two-fold jump in consolidated net profit to Rs 569.45 crore for the second quarter ended June 2021

ACC Q2 net profit up two-fold to Rs 569 cr; revenue up 49% to Rs 3,885 cr
Updated On : 19 Jul 2021 | 11:00 PM IST

UltraTech, ACC: These 6 cement stocks are signalling up to 16% upside

UltraTech Cement and Grasim Industries are only a few bucks short of their lifetime high of Rs 7,055 and Rs 1,547, respectively

UltraTech, ACC: These 6 cement stocks are signalling up to 16% upside
Updated On : 07 Jul 2021 | 12:25 PM IST

ACC consolidated Q4 PAT up 74% to Rs 563 cr on highest ever revenue surge

Company says its cost efficiency project 'Parvat' is on track and has helped in managing some continuing cost headwinds

ACC consolidated Q4 PAT up 74% to Rs 563 cr on highest ever revenue surge
Updated On : 20 Apr 2021 | 2:04 AM IST

Stocks to watch: Macrotech Developers, HDFC Bank, Mindtree, RCom, ACC

ICICI Lombard General Insurance Company reported 23 per cent YoY rise in net profit at Rs 346 crore for March quarter 2020-21

Stocks to watch: Macrotech Developers, HDFC Bank, Mindtree, RCom, ACC
Updated On : 19 Apr 2021 | 8:59 AM IST

Spurt in volume, price hike to cushion cement firms against rising costs

All-India average cement price, according to analysts' estimates, is likely to be up around 1 per cent quarter-on-quarter (QoQ) and nearly 5 per cent YoY in Q4-FY21E

Spurt in volume, price hike to cushion cement firms against rising costs
Updated On : 30 Mar 2021 | 12:45 PM IST

Analysts bullish on cement stocks on sustained demand, price hikes

Analysts note that cement manufacturers may have to hike prices further to ensure sustainability of margins amid rising cost pressures.

Analysts bullish on cement stocks on sustained demand, price hikes
Updated On : 10 Mar 2021 | 1:35 AM IST

ACC, TaMo: These 5 cyclical stocks are showing upside bias on charts

The recent gap-up in the range of Rs 290 - Rs 282 levels remains the crucial breakout for the upside in Tata Motors

ACC, TaMo: These 5 cyclical stocks are showing upside bias on charts
Updated On : 24 Feb 2021 | 12:47 PM IST