News
 
India Infoline Weekly Newsletter - May 25, 2012
India Infoline News Service/18:41,May 25, 2012
Whether UPA II manages to improve its scorecard in the remaining two years of its term is anybody’s guess. Things have not exactly been rosy for the Congress-led regime, and the biggest victim of the policy paralysis has been the rupee.
list No intention of seeking CDR route: Great Offshore
list India Infoline Weekly Newsletter - May 18, 2012
list Govt to invest Rs 737.94bn in Port Sector in 12th
list Essar Shipping records profit of Rs 549.8mn in Q4

Calendar

May-2012
M T W T F S S
21 22 23 24 25 26 27
Economic Events
list Corporate Service Price (YoY)
list Hometrack Housing Survey (MoM)
Results
list No result today
IPO
listNo IPO today
 

ACC hits 52-week high on strong production and dispatches in January

Capital Market / 14:31 , Feb 02, 2012

ACC gained 2.36% to Rs 1228.95 at 14:25 IST on BSE, after cement production rose 9.22% while dispatches rose 8.78% in January 2012 over January 2011.

The announcement was made during trading hours today, 2 February 2012.

Meanwhile, the BSE Sensex was up 139.72 points, or 0.81% to 17,440.30

On BSE, 49,527 shares were traded in the counter as against an average daily volume of 26,064 shares in the past one quarter.

The stock hit a 52-week high of Rs 1239 in intraday trade today, 2 February 2012. The stock hit a low of Rs 1206.70 so far during the day. The stock hit a 52-week low of Rs 917 on 20 June 2011.

The large-cap stock had underperformed the market over the past one month till 1 February 2012, rising 5.66% compared with the Sensex's return of 11.94%. The stock, however, outperformed the market in past one quarter, rising 1.41% as against Sensex's decline of 1.03%.

The cement firm has an equity capital of Rs 187.74 crore. Face value per share is Rs 10.

ACC's cement production grew 9.22% to 2.25 million tonnes while cement dispatches rose 8.78% to 2.23 million tonnes in January 2012 over January 2011.

ACC declares its year ended December 2011 results on 9 February 2012. The company's consolidated net profit rose 84.6% to Rs 159.31 crore on 29.8% rise in net sales to Rs 2283.42 crore in Q3 September 2011 over Q3 September 2010.

 



Rate This Article Rate 1 Rate 2 Rate 3 Rate 4 Rate 5