Sell ACC Ltd. target Rs 1666.4 : ICICI Direct

ICICI Direct has sell call on ACC Ltd. with a target price of Rs 1666.4 . The current market price of ACC Ltd. is Rs 1681.0 Time period given by analyst is Intra Day when ACC Ltd. price can reach defined target. ICICI Direct recommended to keep stoploss at Rs 1716.4
ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 31905.99 Crore) operating in Cement sector.

ACC Ltd. key Products/Revenue Segments include Cement which contributed Rs 9841.80 Crore to Sales Value (88.20 % of Total Sales), Ready Mix Concrete which contributed Rs 1041.48 Crore to Sales Value (9.33 % of Total Sales), Other Operating Revenue which contributed Rs 195.08 Crore to Sales Value (1.74 % of Total Sales), Clinker which contributed Rs 39.99 Crore to Sales Value (0.35 % of Total Sales), Scrap which contributed Rs 26.85 Crore to Sales Value (0.24 % of Total Sales) and Other Services which contributed Rs 13.14 Crore to Sales Value (0.11 % of Total Sales)for the year ending 31-Dec-2016.