ACC Ltd (ACC.NS)
|Market Cap (Mil.):||Rs279,562.19|
|Shares Outstanding (Mil.):||187.75|
* Shares in ACC Ltd and Ambuja Cements India Ltd fall even as their earnings beat forecasts as dealers say other income and tax credit contributed significantly to their net profits. * ACC falls 2.8 percent even after reporting on Thursday March-quarter net profit of 3.99 billion rupees ($65.35 million), above consensus forecasts for 3.37 billion rupees. * But dealers worry about the impact from other income, which jumped 154 percent to 1.08 billion rupees from a year earlier. * Ambuja Cemen
* Profits of Swiss cement company Holcim's Indian units, ACC Ltd and Ambuja Cements, may lag consensus estimates when they report their October-December quarter results on Thursday, Thomson Reuters StarMine's SmartEstimates shows. * StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Ambuja Cements to report a profit of 1.97 billion rupees ($31.44 million) for the quarter, compared with a consensus mean estimate of 2.05 billion rupees. * ACC is
Earnings vs. Estimates
Analyst Research Reports
Provider: Thomson Reuters Stock Report
ACC Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: BuySellSignals Research
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