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    ACC stock price down 1.62 per cent as Sensex climbs

    Synopsis

    As of 30-Jun-2021, promoters held 50.05 per cent stake in the company, while FIIs held 13.57 per cent and domestic institutional investors had 8.46 per cent.

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    Shares of Ltd. fell 1.62 per cent to Rs 2355.9 at 12:55PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session.

    As per data available on BSE, total traded quantity on the counter stood at 18,653 shares with a turnover of Rs 4.43 crore till 12:55PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 22.52, 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. The stock hit an intraday high of Rs 2412.7 and a low of Rs 2350.3 during the session and quoted a 52-week high price of Rs 2412.7 and a 52-week low of Rs 1289.7.

    Did you Know?

    Stock score of ACC Ltd moved up by 1 in 6 months on a 10-point scale.

    View Latest Stock Report »

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

    Technical Indicators

    The 200-DMA (day moving average) of the stock stood at Rs 1822.27 on July 29, while the 50-DMA was at Rs 2072.01. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

    The Relative Strength Index (RSI) of the stood at 76.17. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

    Promoter holding

    As of 30-Jun-2021, promoters held 54.53 per cent stake in the company, while overseas investors held 23.67 per cent and domestic institutional investors had 9.31 per cent.
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