Shutterstock.comMotilal Oswal has buy call on ACC with a target price of Rs 1980. The current market price of ACC Ltd. is Rs 1652.
ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 30896.64 Crore) operating in Cement sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 3467.50 Crore, up 37.58 % from last quarter Sales of Rs 2520.30 Crore and up .09 % from last year same quarter Sales of Rs 3464.43 Crore Company reported net profit after tax of Rs 363.25 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 54.5 per cent stake in the company as of June 30, 2020, while FIIs held 8.4 per cent, DIIs 18.1 per cent and public and others 19 per cent.
ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 30896.64 Crore) operating in Cement sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 3467.50 Crore, up 37.58 % from last quarter Sales of Rs 2520.30 Crore and up .09 % from last year same quarter Sales of Rs 3464.43 Crore Company reported net profit after tax of Rs 363.25 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 54.5 per cent stake in the company as of June 30, 2020, while FIIs held 8.4 per cent, DIIs 18.1 per cent and public and others 19 per cent.
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