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Acc ltd in 2009
Introduction: India's foremost manufacturer of cement and concrete, ACC, was formally established on August 01, 1936. ACC Limited is the oldest and the largest cement manufacturer in the country and it's operations are spread throughout the country. ACC has also extended its services overseas to the Middle East, Africa, and South America. The brand name, ACC, is synonymous with cement and enjoys a high level of equity in the Indian market. It is the only cement company that figures in the list of Consumer Super Brands of India. In the light of this, Ganesha foresees the future of ACC in 2009.

Share Holding Pattern:
Corporate Bodies                              3.53
Directors and their Relatives          42.97
Govt. / Financial Institutions           22.6
Foreign Holdings                             10.32
Other including Indian Public          20.26

Astrological Analysis


In the chart of ACC, Ascendant placed in Sun, Mercury, Venus, Mars and Pluto is forming a strong stellium. In the natal chart, Rahu- Moon combination is in the sixth house. Saturn is Swagrihi in the 8th house. This combination in turn disturbs the first house and the seventh house. From here the company can take the route to unsuccessful partnerships, warns Ganesha. The company is advised to cut down its foreign holdings. The house of destiny, gain and efficiency has no positive stars which symbolizes negativity. Currently, Jupiter is transiting over the 6th house. Note that the transiting Jupiter conjunct Moon is a positive indication while transiting Jupiter conjunct Rahu is a negative indication.

Crucial Periods for ACC
January 01 to January 14, 2009
February 13 to March 10, 2009
June 12 to July 11, 2009

During the transit of Jupiter in the seventh house from December 09, 2008 to December 20, 2009, the following events may take place
  • The company may launch a sister concern (expansion:vertical integration/horizontal integration/adding value to the supply chain/ integration along the supply chain)
  • The company may look for new production facilities
  • The company may set up new branches (increase the network/expanding the existing network)
Conclusion:
Overall, the efficiency of the company will improve but even after doing a good business the company may not be able to make enough profits till September 08, 2009. There is a possibility that the company's investments may face blockades or the company may have to face government or IT scrutiny. In short, the wealth of the company may reduce .

For Short Term Period - STRONG BUY
For Mid Term Period - STRONG BUY
For Long Term Period - HOLD

Ganesha's Grace,
Dharmesh Joshi
The GaneshaSpeaks Team
20 October 2008 07:47:23 GMT
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Disclaimer
The views and predictions in this article are of the author only. The site and its owners do not undertake any responsibility for the correctness or accuracy of the same. Standard terms and conditions apply.
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