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| Discuss ACC for long term at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi, I bought ACC at around 900/- per share. I want to know whether if ... |
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#1
4th June 2008, 03:33 PM
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ACC for long term
Hi,
I bought ACC at around 900/- per share. I want to know whether if i keep it for 12 months from now, will it reap me benefits. Please throw some light on the share. Thanks in advance. aapmk. 
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#2
4th June 2008, 04:31 PM
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Re: ACC for long term
Quote:
Rising inflation followed by RBI's monetary tightening measures are dampeners for construction sector,apart from that demand for cement is reduced substantially in monsoon season. Govt. is pressing co's to reduce prices to curb inflation, and has taken off exports benefits. Hike in diesel prices shall have an adverse effect on cement pricing and shall result in plummeting demand. These all things along with global cues shall go against ACC. If u can hold stock for atleast 1.5-3 years and having funds to cost average ACC on declines, stay invested else u have no option but to book loss and exit.
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#3
4th June 2008, 05:05 PM
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Re: ACC for long term
Quote:
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#4
7th June 2008, 03:38 PM
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Re: ACC for long term
Quote:
aapmk
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