ACC and Ambuja cement to merge? Ganesha takes a look at the prospects for investors
Established
on August 01, 1936, ACC Ltd is the oldest and largest cement
manufacturing company in India. With its operations spread across the
country and overseas, ACC's name is synonymous with cement, and it
enjoys a high level of investor confidence in the Indian markets.
Ever since its inception, the company
has grown by leaps and bounds. Recently, the markets have been
buzzing with rumours of the merger of ACC and Ambuja cement. Both
Ambuja cement and ACC are equally strong and established cement
brands and cater to different markets, except in the north, where
both have a dominant presence. If the rumours are to be believed, the
merger can give Ultra Tech Cement, their competitor, a run for its
money.
With
a unique track record of innovative research, product development and
specialised services, will ACC limited be able to cement encouraging
results in the next quarter? Ganesha, with the help of Vedic
astrology, takes a look.
Astro
Analysis
In
ACC's chart, Sun, Mercury, Venus, Mars and Pluto are placed in the
ascendant and form a strong stellium. In the natal chart, Rahu and
Moon are in combination in the 6th
House. Saturn is swagruhi in the 8th
House. This combination influences the 1st
and the 7th
Houses, hence the company is advised to cut down its foreign
holdings.
Horoscope of ACC Limited

Horoscope of Ambuja Cement

ACC NATAL HOROSCOPE ELEMENT

Jupiter transit in the 9th House provides many opportunities to the business houses to expand their business activities. The government enacts favourable laws which will be helpful for expansion and growth of the companies. Public opinion is also supportive and encouraging.
Saturn transit in the 3rd House denotes unfavourable results. Saturn is the signifactor of employees and labour. The employees get discouraged and agitated as the business enters a slack period. The company may enforce certain policies in favour of the employees.
In the natal chart, Rahu and Moon are in combination in the 6th House, which is not considered fortunate in the chart because Moon is an ascendant Lord and Rahu is a negative planet. It signifies ill-health, discontentment and dissatisfaction of the workers. The employees' trade unions create chaos by resorting to agitations to press for their demands. Business rivals get an upper hand. The position of loans and debts worsens.
Share Holding Pattern ACC Ltd
Foreign 15.43
Institutions 18.13
Govt Holding 0.15
Non Promoter Corporate Holding 4.82
Promoters 46.20
Public & Others 15.27
Conclusion:
For
Short Term Period - SELL
For Mid Term Period - HOLD
For Long
Term Period - BUY
Share
Holding Pattern Ambuja Cements Ltd
Total Institutions 15.33
Total Non Promoter Corporate Holding 00.94
Total Promoters 46.37
Total Public & Others 07.93
Conclusion:
For
Short Term Period - SELL
For Mid Term Period - SELL
For
Long Term Period - SELL
Ganesha's
Grace,
Dharmesh Joshi
The GaneshaSpeaks Team