The scrip opened at Rs 2035.55 and touched an intraday high and low of Rs 2067.3 and Rs 2029.95, respectively, in the session so far. Shares of the company of ACC Ltd. quoted a 52-week high of Rs 2067.3 and a 52-week low of Rs 1244.3.
Total market cap of the ACC Ltd. stood at Rs 38609.06 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 4335.94 crore for the quarter ended 31-Mar-2021, up 3.02 per cent from previous quarter’s Rs 4208.75 crore and up 21.88 per cent from the year-ago quarter’s Rs 3557.63 crore.
The net profit for latest quarter stood at Rs 562.57 crore, up 74.17 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 9.1 per cent stake in the company, while foreign institutional investors held 22.87 per cent and the promoters 54.53 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 23.12 and a price-to-book ratio of 2.4. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
