Share price of ACC falls as Nifty strengthens

Share price of ACC falls as Nifty strengthens
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Synopsis

A total of 6,007 shares changed hands on the counter till 01:55PM (IST).

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Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
Shares of . slipped 0.05 per cent to Rs 2284.1 in Friday's trade as of 01:55PM (IST).

The stock hit a high price of Rs 2306.7 and low of Rs 2277.5 during the session.

The return on equity (ROE) for the stock stood at 13.01 per cent. Traded volume on the counter stood at 01:55PM shares and turnover at Rs 1.37 crore around that time.

The stock of ACC Ltd. quoted a 52-week high and 52-week low prices of Rs 2587.95 and Rs 1900.5, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.31.

Promotor/FII Holding
Promoters held 54.53 per cent stake in the company as of 30-Jun-2022, while overseas investors held 22.63 per cent and domestic institutional investors had 10.15 per cent.

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.

Net profit after tax for the latest quarter stood at Rs 227.32 crore, down 60.08 per cent from the same quarter a year ago.
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