Share price of ACC falls as Sensex drops 40.16 points

Share price of ACC Ltd. dropped 0.51 per cent to Rs 2679.95 at 12:59PM (IST) in Tuesday's trade. The scrip hit a high of Rs 2709.35 and low of Rs 2665.25 so far during the session. The stock had closed at Rs 2693.85 in the previous session.

The counter had a total traded volume of 12:59PM shares so far with a turnover of Rs 0.78 crore on BSE. The stock traded at a price-to-earnings multiple of 30.81 and a price-to-book ratio of 2.22.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The 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.

ACC Ltd. belongs to the Cement - Pan India industry.

Promotor/FII Holding
Promoters held 56.69 per cent stake in the company as of 31-Dec-2023, while overseas investors and domestic institutional investors ownership stood at 6.24 per cent and 24.05 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 5000.51 crore for the quarter ended 31-Dec-2023, up 7.66 per cent from the previous quarter's Rs 4644.78 crore and up 9.24 per cent from the year-ago quarter's Rs 4577.64 crore.

Its profit for the latest quarter stood at Rs 537.63 crore, up 375.11 per cent from the same quarter a year ago.