The counter had a total traded volume of 12:45PM shares so far with a turnover of Rs 3.0 crore on BSE. The stock traded at a price-to-earnings multiple of 22.59 and a price-to-book ratio of 2.4.
A higher P/E 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 54.53 per cent stake in the company as of 30-Jun-2021, while FIIs and domestic institutional investors ownership stood at 23.67 per cent and 9.31 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 3930.49 crore for the quarter ended 30-Jun-2021, down 9.35 per cent from the previous quarter’s Rs 4335.94 crore and down 48.12 per cent from the year-ago quarter’s Rs 2653.52 crore.
Its profit for the latest quarter stood at Rs 569.42 crore, up 110.18 per cent from the same quarter a year ago.
