Ambuja Cements reported better performance than ACC in the recently concluded March quarter, despite being a regional player. Production discipline within the industry also helped maintain a healthy realisation despite the excess capacity.

Swiss cement company Holcim’s Indian arms, ACC, and Ambuja Cements, have begun the calendar year on a poor note.

Cement manufacturer ACC today reported 56.72% decline in consolidated net profit to Rs 151.55 crore for the January-March quarter due to steep escalations in input costs such as coal, fly ash and gypsum.

ACC is trading lower by 4.5% at Rs 1,261, declining more than 6% from day’s high, after reporting a sharpest 57% year-on-year (y-o-y) drop in consolidated net profit at Rs 151 crore on account one-time depreciation charges of Rs 335 crore for the

Shares of ACC Ltd and Ambuja Cements Ltd, both controlled by Swiss cement maker Holcim Ltd, are trading higher by 3% each ahead of their financial results for the quarter ended March 31, 2012, schedule to be declared tomorrow.

It was a challenging FY12 for most cement companies as they grappled with high input costs, over capacity and slowing demand. In this backdrop, let us take a look at what the top brokerages expect from ACC that will report its results tomorrow.

Shares in cement producers rose after Citigroup upgraded Ambuja Cements, ACC and UltraTech Cement to buy from sell, citing better demand-supply equation and as new plants are more difficult to build.

Cement maker ACC Ltd on Monday said it sold 2.34 million tonnes cement in March, up 7.3 per cent over the same month last year.

Cement maker ACC Ltd today said it sold 2.34 million tonnes cement in March, up 7.3% over the same month last year.

Leading cement manufacturer ACC today announced an investment of Rs 3,300 crore by 2015 to set up three grinding units and a clinker facility.

Shares of cement manufacturing companies are trading higher on the bourses on reports that these companies have announced price hikes of Rs 7-10 for a 50kg bag following the proposed hike in excise duty in the Budget.

Indian cement makers have done it yet again.

Enthused by rising cement demand from the eastern region, ACC will create additional five million tonnes per annum capacity (mtpa), entailing an estimated investment of around Rs 3,000 crore.

If the strong rally in cement stocks is tempting you to jump into buying these, postpone the plans, say industry analysts.

ACC is trading higher by 2% at Rs 1,416 on reporting a healthy 86% year-on-year (y-o-y) growth in net profit at Rs 463 crore for the fourth quarter ended December 2011, on the back of higher sales and net tax credit of Rs 129 crore.

Cement maker ACC today reported a 86% rise in its consolidated net profit at Rs 463.20 crore for the fourth quarter ended December 2011, on the back of higher sales.

Here is a sneak peek into what the country’s top brokerages expect from ACC that will announce its December quarter results on Thursday.

Shares of cement companies soared on Thursday, as a spate of news made several counters hit 52-week highs.

ACC is trading higher by 3% at Rs 1,239, its highest level since October 2007, after said its sales grew nearly 9% to 2.23 million tones (mt) in January compared to the same month a year ago.

Cement maker ACC today said its sales grew by nearly 9% to 2.23 million tonne in January compared to the same month a year ago.