Risk factor
Negligible price volatility
Profitability factor
Slightly undervalued vs peers
About
ACC Limited is an Indian company specializing in the production and distribution of cement and ready-mixed concrete. Its comprehensive product line includes ordinary Portland cement, a variety of blended cements such as Portland Pozzolana, Portland slag, and composite types, as well as premium "gold" and "silver" cement ranges, value-added ready-mix concrete solutions, and bulk cement. The company also supplies construction chemicals like ACC LeakBlock, a polymer-based waterproofing additive for cementitious materials, ACC LeakBlock WaterProof Plaster - LB 101, a pre-mixed waterproof mortar for plastering, and tile adhesives. Furthermore, ACC offers EcoPact, an environmentally conscious concrete with lower embodied carbon, suitable for various structural applications including foundations, columns, beams, walls, driveways, and walkways. Products are distributed via an extensive network of dealers, retailers, engineers, and architects. Founded in 1936 and headquartered in Mumbai, India, the company operated as The Associated Cement Companies Limited until its rebranding to ACC Limited in September 2006. ACC Limited is a subsidiary of Ambuja Cements Limited.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITD.
Target Price
The average target price of ACC.NS is 1419 and suggests 19.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in