ACC Ltd. traded 0.41 per cent at Rs 2268.20 at 12:18PM (IST) on Monday, even as BSE benchmark Sensex 11.06 points to 81698.06.
The scrip had closed at Rs 2258.85 in the previous session. The stock quoted a 52-week high price of Rs 2843.00 and 52-week low of Rs 1867.15, respectively. As per BSE data, total traded volume on the counter till 12:18PM (IST) stood at 4056 shares with a turnover of Rs 0.92 crore.
At the current price, shares of the company traded at 20.81 times its trailing 12-month EPS of Rs 108.82 per share and 2.87 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 1.3069.
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