A STUDY ON FINANCIAL PERFORMANCE OF CEMENT COMPANIES IN INDIA WITH SPECIAL REFERENCE TO AMBUJA CEMENTS LIMITED AND ACC CEMENTS LIMITED ?A COMPARATIVE ANALYSIS
Abstract
Author(s): Dontha Ranganath, Dr. D. Chandra Sekhara Naidu, Dr.K.Nagamani
India is the second largest manufacturer of cement in the world. Cement production increased at a compound annual growth rate (CAGR) of 9.7 per cent in the period 2006– 2018, producing 272 million t onnes (MT). The production capacity is projected to reach 550 MT by Financial year 2020. In this study, the author select two company’s ambuja cement is the largest cement company in India and another largest leading cement production company i.e. ACC cements companies. Cement users worldwide at the beginning of the 1950s, ACC has installed four numbers of ball. FL smith mills for cement grinding. For him results comparative analysis, two companies are improve the soundness position in the short term of the companies.
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