ACC's cost optimization focus saves Q1 but headwinds ahead
Due to some price hikes undertaken by ACC in its key markets during the quarter, realisations in the March quarter were marginally ahead of expectations. But, these won't be enough to absorb cost inflation, so further price increases are key for the stock
Large-cap cement manufacturer ACC Ltd.'s weak March quarter results (Q1CY22) have set the tone for the industry's performance. ACC follows a January to December accounting year.
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