Buy call to ACC Limited
Centerum Broking has placed a buy call on ACC Limited with a target price of Rs. 2566/- is A period of 1 year has been given to reach the expected price.
This company was established in 1936 and is a large cap company. Operating in the cement sector with a market capitalization of Rs. 45041.71/- Crore.
Important product and revenue segments include cement, ready mix concrete, other revenue, scrap.
In the quarter ending June 2022, the company earned Rs. 4,4522.28/- Crores, showing an increase of 15.06% over the previous quarter. And in the previous quarter this amount was Rs. 3930.49/- Crore.
In ACC Limited company, promoter holding is 54.53%, FII 22.63%, DII 10.15%.
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