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    ACC shares gain 0.72% as Sensex rises

    Synopsis

    A total of 5,915 shares changed hands on the counter till 10:41AM (IST)

    marketsAgencies
    India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range.
    Shares of the ACC Ltd. traded at Rs 1701.95 on BSE at 10:41AM (IST) on Thursday, up 0.72 per cent. The stock quoted a 52-week low price of Rs 1593.5 and a high of Rs 2784.95.

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

    At the prevailing price, the stock traded at 49.19 times its trailing 12-month EPS of Rs 34.58 per share and 2.91 times its book value, as per BSE data.

    A total of 5,915 shares changed hands on the counter till 10:41AM (IST). The stock commands a market value of Rs 31947.31 crore and is part of the Cement - Pan India industry.

    The scrip has been an underperformer , down 20.7 per cent in the past one year in comparison with a 1.29 per cent fall in Sensex.

    During the day, the stock moved between Rs 1703.9 and Rs 1681.85.

    Promoter/FII Holding
    Promoters held 50.05 per cent in the company as of 31-Dec-2022. FII and MF ownership in ACC Ltd. stood at 11.96 per cent and 8.22 per cent, respectively.
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