Cement Q3fy23 Preview - Cost Pressure to Ease, Demand Outlook Encouraging
Traditionally, H2 (second half of the year) stands out to be a favourable period for cement producers from a demand perspective as it revives after...
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Pick of the Week - ACC Ltd
ACC Limited- a part of Adani Cement is one of India’s leading producers of cement and ready-mix concrete. It is a member of the Adani Group - which...
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HSIE Results Daily: ACC, Oberoi Realty
ACC: We maintain BUY on ACC, with a lower TP of INR 2,685/share (13x its Sep-24E consolidated EBITDA)ACC delivered very poor set of numbers in...
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ACC Limited - Cost Inflation Drags Margins; Better Synergies to Drive Growth
ACC reported Revenue/Volume growth of 6%/4%YoY (below expectation). EBITDA/APAT however degrew by 98%/119% respectively YoY due to higher costs...
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Cement (Q2FY23 Results Preview): Healthy offtake; costs to peak out in Q2
Healthy volumes; mixed pricing trend across regions: We estimate our coverage universe of 15 companies to deliver 8% YoY volume growth (three-year...
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