3 days ago
Buy ACC, target price Rs 2,150: JM Financial
JM Financial
has a
Buy call
on
ACC
with a target price of Rs 2,150. The current market price of
ACC
is Rs 1,885.
ACC, incorporated in 1936, is a Large Cap company with a market cap of Rs 35390.39 crore, operating in the Cement sector.
ACC's key products/revenue segments include Cement, Ready Mix Concrete, Other Operating Revenue, Scrap for the year ending 31-Dec-2021.
Financials
For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 6260.40 crore, down -4.79% from last quarter Total Income of Rs 6575.62 crore and up 13.24% from last year same quarter Total Income of Rs 5528.45 crore. The company has reported net profit after tax of Rs 749.17 crore in the latest quarter.
The company's top management includes Adani, Kapur, Prakash, Singhi, Kumar Anand, Shukla, Agarwal, Shah. The company has Deloitte Haskins & Sells LLP as its auditors. As on 31-03-2025, the company has a total of 19 crore shares outstanding.
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Promoter/FII Holdings
Promoters held 56.69 per cent stake in the company as of 31-Mar-2025, while FIIs owned 4.83 per cent, DIIs 24.82 per cent.
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