Mar. 3, 2010
The company announced the monthly dispatches after market hours on Tuesday, 2 March 2010.
Meanwhile, the BSE Sensex was up 112.81 points, or 0.67% to 16,885.37.
On BSE, 18,053 shares were traded in the counter as against an average daily volume of 99,074 shares in the past one quarter.
The stock hit a high of Rs 963.10 and a low of Rs 946 so far during the day. The stock had hit a 52-week high of Rs 989.90 on 15 January 2010 and a 52-week low of Rs 510.70 on 6 March 2009.
The large-cap stock had outperformed the market over the past one month till 2 March 2010, gaining 10.52% as compared to the Sensex's return of 3.77%. It had also outperformed the market in the past one quarter, rising 20.50% as compared to the Sensex's decline of 2.31%.
The company's equity capital is Rs 187.74. Face value per share is Rs 10.
The current price of Rs 948.30 discounts the company's Q4 December 2009 annualized EPS of Rs 59.74, by a PE multiple of 15.87.
ACC's cement production fell 1.15% to 17.2 lakh tonnes in February 2010 over February 2009.
ACC's net profit fell 6.5% to Rs 280.71 crore on 1.9% rise in net sales to Rs 1921.46 crore in Q4 December 2009 over Q4 December 2008.
ACC manufactures a range of cements and blended cements. The company also manufactures gypsum and refractory products such as Brown Tabular Alumina. The company provides turnkey and application consulting services for setting up and operating cement plants and refractories. The company owns cement plants throughout India.
