Let's now move to the second company in our list.
The company was formed in 1936 and into manufacturing cement, cement plant and refractories. ACC belongs to Tata Group and it is India's oldest and largest cement company.
Here are the charts for ACC and there are quite a few interesting things we can see here.
ACC Standalone Figures
The company seems a bit better than the previous one. The earnings are stable but ROE has reduced in last couple of years.
Company has reduced the debt (standalone) to zero which is a good thing. But the current assets for the company is always less than the current liabilities. This needs further analysis.
Let me know your thoughts on this one.
The company was formed in 1936 and into manufacturing cement, cement plant and refractories. ACC belongs to Tata Group and it is India's oldest and largest cement company.
Here are the charts for ACC and there are quite a few interesting things we can see here.
ACC Standalone Figures
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| (Click to enlarge) |
The company seems a bit better than the previous one. The earnings are stable but ROE has reduced in last couple of years.
Company has reduced the debt (standalone) to zero which is a good thing. But the current assets for the company is always less than the current liabilities. This needs further analysis.
Here is the price chart for ACC. Much better!
Let me know your thoughts on this one.
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