What led ACC stock to rally 6% today despite a 30% drop in Q1 net profit? - Economic Times

Edelweiss expects the cement stock to outperform going ahead given the undemanding valuations of 10.9 times 2022 and 8.8 times 2023 EV/Ebitda. In case the parents stake is on the block, ACC deserves a premium over its $100 EV/tonne valuation, for its strong b…

NEW DELHI: Shares of ACC climbed nearly 6 per cent in Wednesday's trade despite a 29.6 per cent year-on-year fall in March quarter profit. Analysts said there are limited risks to future earnings gro… [+2908 chars]

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