If you are looking for “ ACC share price targets” for upcoming years, you are in the right place. Before we dive into ACC Ltd. stock price targets, Let’s understand the ACC company background, technical fundamentals etc.
About ACC Ltd.
ACC Ltd. is one of the leading cement manufacturers in India. The company was established in 1936 and is headquartered in Mumbai, Maharashtra. It is a subsidiary of the global conglomerate LafargeHolcim, which is headquartered in Switzerland. ACC Ltd. has a strong presence in the Indian cement industry, with a production capacity of over 33 million tonnes per annum. The company has a wide range of products, including cement, ready-mix concrete, and aggregates. ACC Ltd. has a strong focus on sustainability and has implemented various initiatives to reduce its carbon footprint and promote sustainable development. The company has won several awards and recognitions for its performance and contribution to the industry.
Fundamentals of ACC Ltd.
Let’s look at the fundamentals of ACC, based on which we can get a clear understanding of the expertise in the Cement & Construction Materials sector.
- Current Market Cap: The current market cap of ACC as of 3/11/2023, is ₹ 35,322.78
- P/E Ratio: The current price-to-earning ratio of ACC is 55.77
- Sales Growth: Sales growth in last 1 year for ACC is 17.16 %
- Profit Growth: Profit growth is around 30.26 % in last 1 year
We have done a complete analysis of ACC and have come up with its share price targets for upcoming years.
ACC’s Current Share Price is ₹1,881
Note: These price targets of “ACC” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
|Year||ACC Share Price Targets (₹)|
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of ACC for the year 2023 will be ₹2191
The target share price of ACC for the year 2024 will be ₹2346
The target share price of ACC for the year 2025 will be ₹2501
The target price of ACC for the year 2026 will be ₹2656
The target share price of ACC for the years 2027, 2028, 2029, and 2030 will be ₹2811, ₹2966, ₹3121, and ₹3276 respectively.