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Lovelesh Sharma

12th Aug · SEBI-Registered Analyst

ACC Limited near 5 year lows - Cement space witnessing pressure

ACC Limited has faced significant headwinds driven by margin compression, softer cement demand, and rising operational costs that severely impacted its quarterly profitability. From a technical perspective, the stock is probing multi-year lows near the critical support zone of ₹1,250 to ₹1,255, with deeper structural floors near ₹1,180 to ₹1,200. On the upside, immediate overhead resistance is positioned around ₹1,460 to ₹1,480, and a sustained recovery would require a decisive breakout above the major supply zone at ₹1,700. $ACC

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