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ACC, one of the leading cement makers, today announced a growth of 62.18% in consolidated in third quarter earnings. It earned consolidated net profit to Rs 1.93 billion for the quarter ended Sept. 30, 2014 as compared to Rs 1.19 billion in the same period last year. Analysts on average had predicted net profit of Rs 1.98 billion.
Foreign institutional investors (FIIs) have reduced shareholding in ACC over the last three m... More..