ACC shares 1.12% as Sensex falls
ACC Ltd. traded 1.12 per cent at Rs 2089.80 at 10:15AM (IST) on Monday, even as BSE benchmark Sensex 61.91 points to 78637.16. The stock had closed at Rs 2066.65 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 2843.00 and Rs 1867.15, respectively.
As per BSE data, total traded volume on the counter till 10:15AM (IST) stood at 10:15AM shares with turnover at Rs 0.70 crore.
At the current price, the stock trades at 19.24 times its trailing 12-month earnings per share 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 is the measure of the price that investors are ready to pay even for no growth in the business.
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