Today, at 12:12 PM, ACC Ltd.’s share price went up by 0.9% to Rs 2070.05. The stock reached a high of Rs 2071.25 and dipped to a low of Rs 2040.05 during the trading session. In the previous session, the share closed at Rs 2051.45. So far, a total of 2,489 shares have been traded, valued at Rs 0.52 crore on the NiftyStat market.
ACC Ltd. has a price-to-earnings (P/E) ratio of 18.92, which means investors are willing to pay more for each rupee the company earns, expecting strong future growth. The price-to-book ratio of 2.87 shows how much investors value the company, even if it’s not currently expanding.
In the last year, ACC’s stock has increased by 8.72%, while the top 30 companies (30-share index) saw an even bigger jump of 12.36%. ACC Ltd. is a key player in the Cement sector across India.
As of September 30, 2024, promoters own 50.05% of the company. Foreign investors hold 5.51%, and domestic institutions own 15.35%.
Financial Highlights: In the quarter ending September 30, 2024, ACC reported sales of Rs 4,772.11 crore. This shows a decrease of 8.7% from the previous quarter’s Rs 5,226.61 crore but is an increase of 2.74% from Rs 4,644.78 crore a year ago. The latest quarter’s profit was Rs 199.66 crore, up 48.52% from the same time last year.
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