ICICI Securities downgrades ACC to ‘add’ as Q2 profit slumps to nearly 20-year low
has downgraded ACC stock to ‘add’ for a target price of Rs 2,580 per share, after the company took a knock on its September quarter profitability by a steep 98% year on year (YoY) to almost 20-year low. This is a potential upside of 15% from the current price level. The brokerage mentioned that the … Read more