The counter opened at Rs 2334.0 and touched an intraday excessive and low of Rs 2336.2 and Rs 2272.8, respectively, within the session to this point. Shares of the corporate of ACC Ltd. quoted a 52-week excessive of Rs 2342.95 and a 52-week low of Rs 1289.7.
As per BSE, the full market cap of the ACC Ltd. stood at Rs 42891.55 crore on the time of penning this report.
The firm reported consolidated gross sales of Rs 3930.49 crore for the quarter ended 30-Jun-2021, down 9.35 per cent from earlier quarter’s Rs 4335.94 crore and down 48.12 per cent from the year-ago quarter’s Rs 2653.52 crore.
The internet revenue for contemporary quarter stood at Rs 569.42 crore, up 110.18 per cent from the corresponding quarter final 12 months.
As of 30-Jun-2021, DIIs held 8.46 per cent stake within the agency, whereas overseas institutional buyers held 13.57 per cent and the promoters 50.05 per cent.
According to BSE knowledge, the inventory traded at a price-to-earnings a number of of 21.79 and a price-to-book ratio of two.4. A better P/E ratio reveals buyers are keen to pay a better value due to higher future progress expectations. Price-to-book worth signifies the inherent worth of an organization and is the measure of the worth that buyers are able to pay even for no progress within the enterprise.
ACC Ltd. belongs to the Cement – Pan India business.