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ACC shares plunge 5% as Q1 earnings fail to 'impress' Dalal Street

Updated : April 24, 2019 01:17 PM IST

The Mumbai-based firm's blended cement realisations rose 1.5 percent on quarter to Rs 257/bag, which was lower than brokerage CLSA's estimate.
Also, ACC’s first-quarter EBITDA rose 8 percent on year to Rs 530 crore – which was also 9 percent below CLSA's estimates.
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