ACC Ltd - ACC Share Price

Summary

ACC Ltd is Indias foremost manufacturer of cement and concrete. The company is engaged in manufacturing and selling of cement and ready-mixed concrete. They manufacture a range of Portland cement for general construction and special applications. In addition, they also offer two products namely; bulk cement and ready mix concrete. The Company manufactures different varieties of cement viz., Ordinary Portland Cement (OPC), Portland Pozollana Cement (PPC), Portland Slag Cement (PSC) and Composite Cement and Ready Mix Concrete (RMX).The companys operations are spread throughout the country with 17 modern cement factories, more than 90 Ready mix concrete plants, several zonal offices and a vast distribution network of over 11,000 dealers. Their subsidiaries include ACC Concrete Ltd, Bulk Cement Corporation (India) Ltd, ACC Mineral Resources Ltd, Lucky Minmat Ltd, National Limestone Co Pvt. Ltd and Encore Cements & Additives Pvt Ltd.ACC Ltd was incorporated on August 1, 1996 as The Associated Cement Companies Ltd. The company was formed by merger of ten existing cement companies. In the year 1944, they established Indias first entirely indigenous cement plant at Chaibasa in Bihar. In the year 1956, they established bulk cement depot at Okhla, Delhi. In the year 1965, the company established Central Research Station at Thane. In the year 1973, they acquired The Cement Marketing Company of India. In the year 1978, they introduced energy efficient precalcinator technology for the... Read More