Latest Updates on ACC Ltd
ACC Ltd share is up by 2.81% NSE on 08th February 2017, stock closed at Rs. 1497.10, market is still positive on ACC- Ambuja merger news. Stock analysis and brokerage firms are bullish in ACC and suggesting a target of Rs. 1648 in coming days.
ACC Ltd share is up by 3.95% NSE on 06th February 2017, up by 56.25 and Acc share price closed 1480.15 on a news of possible merger between ACC and Ambuja cements (also up by +4.51%) which is on the cards since year 2013. So far their is no official confirmation.
ACC Ltd on 03rd February 2017 announced its Q4 number ending December 2016, their is net fall of 45% to 56.34cr from Rs.102.39 cr comparing with last year Q4 numbers. Market experts were expecting a profit of Rs.98 cr but ACC missed their target, as per company statement the main reason of poor profits was demonetisation and expecting good profits in next quarter result.