As per the market data, up to 110 million shares, or about 2% of the company’s outstanding equity, became tradeable. The increase in free float revived near‑term supply concerns, weighing on the stock even as brokerages maintained a constructive view on the company’s longer‑term prospects.
ACC Q3 Results: Cons profit plunges 63% YoY to Rs 404 crore, but revenue rises 22%
ACC Q3 Results: ACC’s net profit saw a significant drop of 63 percent year-on-year for the December quarter. The company posted a profit of Rs