The Economic Times daily newspaper is available online now.

    ACC declines 0.47% as Sensex climbs

    Synopsis

    The stock traded at a P/E multiple of 52.32, while the price-to-book value ratio stood at 2.22.

    Trading guideGetty Images
    Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
    Shares of ACC Ltd. traded at Rs 2031.35 on BSE at 12:53PM (IST) on Friday, down 0.47 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 1593.5 and a high of Rs 2784.95.

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

    A total of 10,181 lakh shares changed hands on the counter till 12:53PM (IST).

    The stock of ACC Ltd. commanded a market value of Rs 38064.48 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 52.32, while the price-to-book value ratio stood at 2.22. Return on equity (ROE) was at 6.26 per cent, according to exchange data.

    In the BSE500 pack, 325 stocks traded in the green, while 177 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-2023 while overseas and domestic institutional investors owned 9.98 per cent and 9.21 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 1986.65 on September 08, while the 50-DMA was at 1920.65. 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.
    Experience Your Economic Times Newspaper, The Digital Way!
      (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

      Download The Economic Times News App to get Daily Market Updates & Live Business News.

      Top Trending Stocks: Sensex Today Live, SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
      ...more
      The Economic Times

      Stories you might be interested in