Share price of ACC rises as Nifty strengthens
A total of 5,939 shares changed hands on the counter till 01:39PM (IST).
Shares of gained 0.03 per cent to Rs 2649.45 in Wednesday's trade as of 01:39PM (IST).The stock hit a high price of Rs 2655.05 and low of Rs 2608.0 during the session.
The return on equity (ROE) for the stock stood at 6.26 per cent. Traded volume on the counter stood at 01:39PM shares and turnover at Rs 1.56 crore around that time.
The stock of quoted a 52-week high and 52-week low prices of Rs 2759.95 and Rs 1652.55, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.31.
Promotor/FII Holding
Promoters held 56.69 per cent stake in the company as of 31-Dec-2023, while foreign investors held 6.24 per cent and domestic institutional investors had 24.05 per cent.
Key Financials
The company reported consolidated sales of Rs 5000.51 crore for the quarter ended 31-Dec-2023, up 7.66 per cent from previous quarter's Rs 4644.78 crore and up 9.24 per cent from the year-ago quarter's Rs 4577.64 crore.
Net profit after tax for the latest quarter stood at Rs 537.63 crore, up 375.11 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
