The counter has had a total traded volume of 2794 shares so far with a value of Rs 5501.0 crore on the NSE. It traded at a price-to-earnings multiple of 50.92 and a price-to-book ratio of 2.22.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 13.83 per cent during the past one year, while the 30-share index advanced 9.01 per cent during the same period.
ACC Ltd. belongs to the Cement – Pan India industry.
Promotor/FII Holding
Promoters held 50.05 per cent stake in the company as of 30-Jun-2023, while overseas investors and domestic institutional investors ownership stood at 9.98 per cent and 9.21 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 5278.02 crore for the quarter ended 30-Jun-2023, up 7.49 per cent from the previous quarter’s Rs 4910.06 crore and up 16.71 per cent from the year-ago quarter’s Rs 4522.28 crore.
Profit for the latest quarter stood at Rs 466.1 crore, up 105.04 per cent from the same quarter a year ago.
