ACC shares drop 1.98% as Sensex falls
A total of 8,693 shares changed hands on the counter till 12:28PM (IST)
Shares of traded 1.98 per cent down at Rs 2435.65 at 12:28PM (IST) on Friday, even as benchmark dropped 549.34 points to 72547.94. The stock had settled at Rs 2485.1 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 2759.95 and Rs 1593.5, respectively.
As per BSE data, total traded volume on the counter till 12:28PM (IST) stood at 12:28PM shares with turnover at Rs 2.14 crore.
At the prevailing price, shares of the company trades at 28.14 times its trailing 12-month earnings per share of Rs 86.65 per share and 2.22 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.31.
Shareholding Details
Promoters held 56.69 per cent stake in the company as of 31-Dec-2023, while FIIs owned 6.24 per cent and DIIs 24.05 per cent.
Source: Stocks-Markets-Economic Times
