ACC Q1 FY27 results, 26% stake buy in Amplus Andhra Power, Ambuja merger at NCLT
ACC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts more than Nifty Midcap 150 and 0.7 pts more than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
ACC board approved Q1 FY27 results - standalone revenue Rs 5,748 Cr, PAT fell to Rs 148 Cr from Rs 385 Cr YoY, hurt by Rs 24 Cr exceptional VSS cost. Also approved 26% stake buy in Amplus Andhra Power for about Rs 53.1 Mn to source captive renewable energy. Further, ACC and Ambuja Cements filed joint application with NCLT Ahmedabad for the previously approved amalgamation at 328 Ambuja shares for every 100 ACC shares.
Mixed signals. Sharp Q1 profit drop is negative, while small captive power deal aids long-term costs. NCLT filing advances Ambuja merger.