Visit http://indiaer.blogspot.com/ for complete details ACC – 3QCY2010
We expect ACC to report a 16.7% yoy decline in top line to `1,671cr on account of a
decline in volumes and realisations. The company’s despatches were down by ~7% yoy
during the quarter. We expect the company’s OPM to decline by 1,565bp yoy to 19.4%.
Net profit is expected to decline by 56.6% yoy to `189cr. We remain Neutral on the stock.
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