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CementMedium impactPre-market

ACC maintains buy rating, lowers price target amid merger

pre-market1 source ↓written by the desknot a recommendation

price target
₹2,200
₹2,475
in the cement
7-8% growth

Choice Institutional Equities has maintained its 'BUY' rating for ACC, adjusting the price target to ₹2,200 from ₹2,475. This revision reflects the upcoming merger with Ambuja Cement, expected to enhance market position and achieve cost savings of ₹500 per ton by FY28. Analysts foresee a 7-8% growth in the cement sector by FY26E, supported by stable pricing conditions.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 2 Feb 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ACC closed +0.9% on the day of the news, from ₹1,620.80 to ₹1,636.00; Nifty +1.1% over the same session.

Bulletin at 07:03 IST on 2 Feb 2026. Every change is measured from ₹1,620.80, the last close before it, on 1 Feb. Nifty 50 is measured over the same sessions.

  • ACC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
ACC closes around the bulletin against the close before the news, with Nifty 50 rebased to it147216211769axis spans 20%before the news · 1 Feb1621Nifty 50ACCbulletinD0+1+3+527 Jan5 Feb16 FebReference close ₹1,620.80. 16 sessions from 27 Jan to 16 Feb; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before1 Feb₹1,620.80basebase
On the day2 Feb₹1,636.00▲ +0.9%▲ +1.1%−0.1 pp difference
+1 session3 Feb₹1,668.90▲ +3.0%▲ +3.6%−0.7 pp difference
+3 sessions5 Feb₹1,676.20▲ +3.4%▲ +3.3%+0.1 pp difference
+5 sessions9 Feb₹1,706.10▲ +5.3%▲ +4.2%+1.1 pp difference
Gap at the open, % · ₹
0.0%0.00 on 2 Feb
Day's range, % · ₹
3.2%≈ 53 high to low
Volume on the day
1.08×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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