ACC announces positive outlook for the coming year

ACC Ltd has announced the following Outlook:

The Indian economy has recorded strong growth rate during current year. The cement industry recorded a healthy growth rate of about 11.3% during the calendar year 2006 as compared to 9.4% for the previous period. With continued emphasis on housing, infrastructure and ambitious plan for developing special economy zones, cement industry is expected to continue to fare well in the coming year.

Source : Equity Bulls

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