ACC declines 0.58% as Sensex climbs

Shares of . traded at Rs 2286.55 on BSE at 01:45PM (IST) on Thursday, down 0.58 per cent from previous close.

The scrip quoted a 52-week low price of Rs 1900.5 and a high of Rs 2587.95.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 2,698 lakh shares changed hands on the counter till 01:45PM (IST).

The stock of ACC Ltd. commanded a market value of Rs 43041.78 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 31.77, while the price-to-book value ratio stood at 2.91. Return on equity (ROE) was at 13.01 per cent, according to exchange data.

In the BSE500 pack, 377 stocks traded in the green, while 124 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 30-Jun-2022 while foreign and domestic institutional investors owned 12.11 per cent and 9.38 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 2211.94 on August 25, while the 50-DMA was at 2185.78. 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.