Ganesha says ACC Ltd’s efficiency may improve, but profits may give it a miss till Sep ’09
Established on August 01, 1936, ACC Ltd is the oldest and largest cement-manufacturing company in the country. With its operations spread across India and overseas, ACC’s name is synonymous with cement and enjoys a high level of equity in the Indian market.
Ever since its inception in 1936, the company has grown by leaps and bounds. The cement behemoth recently reported a consolidated net profit of Rs. 470.98 crore in Q1, as against a consolidated net profit of Rs. 255.07 crore in the same period last year. With its unique track record of innovative research, product development and specialised services, will the company be able to cement encouraging results in the next quarter? Ganesha takes a look:
In ACC’s chart, Sun, Mercury, Venus, Mars and Pluto are placed in ascendant and form a strong stellium. In the natal chart, Rahu and Moon are in combination in the 6th House. Saturn is swagrihi in the 8th House. This combination influences the 1st House and the 7th House, hence the company is advised to cut down its foreign holdings.
The following events may take place during the transit of Jupiter in the 7th House:
- The company may start a sister concern
- ACC may build new production facilities
- The company may also set up new branches (expand the existing network)
What next for ACC Ltd?
Jupiter’s transit in the 7th House is considered fortunate. When Jupiter receives benefic aspects especially from the 11th House, it ushers in an overall period of prosperity in trade and commercial activities. It also brings about expansion in business activities. Even overseas tie-ups yield good profits.
But, when Jupiter is severely afflicted, it impairs the harmonious work culture and causes loss to the organisation. The expansion programmes prove unprofitable and business contracts get stalled.
Rahu’s transit in the 7th House will cause paucity of resources and slumps in the production capacity of ACC Ltd. Rahu under affliction can affect the company’s standing. Restlessness may prevail in the company’s routine functioning; even profit-making activities may slow down.
Mars’s transit in the 12th House will pronounce negative and unpalatable results. When Mars is severely afflicted, the effects are atrocious. Mars will compel the management to take stern steps to quell and subdue the aggressive stand of the workers. With Mars getting affliction from negative influences, clandestine and deceptive activities in the company may also become intense.
Overall, the efficiency of ACC will improve but the company will not be able to make enough profits till September 08, 2009. There is a possibility that the company’s investments may meet with roadblocks or it may face IT scrutiny. In short, ACC’s wealth may reduce.
With Ganesha’s Grace,