The stock opened at Rs 2029.55 and touched an intraday high and low of Rs 2049.95 and Rs 2018.35, respectively, in the session so far. Shares of the company of ACC Ltd. quoted a 52-week high of Rs 2078.5 and a 52-week low of Rs 1254.1.
As per BSE, the total market cap of the ACC Ltd. stood at Rs 38038.19 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 30-Jun-2021, DIIs held 8.46 per cent stake in the firm, while foreign institutional investors held 13.57 per cent and the promoters 50.05 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 22.78 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.
