ACC share price down 0.32 per cent

Shares of . traded 0.32 per cent up at Rs 2374.2 at around 10:51AM (IST) on Friday. The stock had closed at Rs 2381.75 in the previous session. Equity benchmark Sensex traded 241.28 points lower at 57980.82 around the same time.


The scrip has climbed 4.74 per cent in the last one year till date, while the 30-share index has -2.96 per cent during the same period.

The stock's 52-week high price stood at Rs 2784.95 and the 52-week low price at Rs 1900.5.

Trading volume on the counter stood at 10,221 shares, while it quoted a price-to-earnings ratio of 33.08, an EPS value of 72.14 and a price-to-book value of 2.91. In the Nifty50 pack, 13 stocks traded in the green, while 37 stocks were in the red.

Promoter/FII Holding
Promoters held 54.53 per cent stake in the company as of 30-Jun-2022, while overseas investor and mutual funds' ownership stood at 22.63 per cent and 9.38 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2022, the company reported consolidated sales of Rs 4522.28 crore, up 0.83 per cent from the previous quarter's Rs 4485.01 crore and up 15.06 per cent from the year-ago quarter's Rs 3930.49 crore. The company reported net profit of Rs 227.32 crore for the latest quarter.

Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.