The scrip opened at Rs 2270.85 and touched an intraday high and low of Rs 2284.75 and Rs 2246.0, respectively, in the session so far. The stock of ACC Ltd. quoted a 52-week high of Rs 2784.95 and a 52-week low of Rs 1900.5.
As per BSE, the total market cap of the ACC Ltd. stood at Rs 42506.59 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 4522.28 crore for the quarter ended 30-Jun-2022, up 0.83 per cent from previous quarter’s Rs 4485.01 crore and up 15.06 per cent from the year-ago quarter’s Rs 3930.49 crore.
The net profit for latest quarter stood at Rs 227.32 crore, down 60.08 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2022, DIIs held 9.38 per cent stake in the company, while foreign institutional investors held 12.11 per cent and the promoters 50.05 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 31.38 and a price-to-book ratio of 2.91. 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.
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