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    ACC declines 0.62% as Sensex climbs

    Synopsis

    The stock traded at a P/E multiple of 20.97, while the price-to-book value ratio stood at 2.4.

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    Shares of Ltd. traded at Rs 1861.0 on BSE at 12:42PM (IST) on Thursday, down 0.62 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 1108.0 and a high of Rs 2022.75.

    Earlier, the stock saw a gap up opening in the morning.

    A total of 12,843 lakh shares changed hands on the counter till 12:42PM (IST).

    The stock of ACC Ltd. commanded a market value of Rs 35007.3 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 20.97, while the price-to-book value ratio stood at 2.4. Return on equity (ROE) was at 11.26 per cent, according to exchange data.

    In the BSE500 pack, 242 stocks traded in the green, while 258 stocks were in the red.

    The stock's beta value, which measures volatility in relation to the broader market, stood at 1.31.

    Promotor/FII Holding
    Promoters held 50.05 per cent in ACC Ltd. as of 31-Mar-2021 while foreign portfolio investors and domestic institutional investors owned 12.64 per cent and 9.1 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 1615.58 on April 29, while the 50-DMA was at 1828.39. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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