The stock opened at Rs 2447.0 and touched an intraday high and low of Rs 2447.0 and Rs 2413.15, respectively, in the session so far. Shares of the company of ACC Ltd. quoted a 52-week high of Rs 2506.35 and a 52-week low of Rs 1295.25.
Total market cap of the ACC Ltd. stood at Rs 44613.56 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 3930.49 crore for the quarter ended 30-Jun-2021, down 9.35 per cent from previous quarter’s Rs 4335.94 crore and down 48.12 per cent from the year-ago quarter’s Rs 2653.52 crore.
The net profit for latest quarter stood at Rs 569.42 crore, up 110.18 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 8.46 per cent stake in the company, while foreign institutional investors held 23.67 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 22.67 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.
