ACC shares fall 0.79% as Nifty drops
ACC Ltd. traded 0.79 per cent down at Rs 2463.0 on Tuesday at around 11:51AM (IST), while the benchmark BSE Sensex declined 64.99 points to 84863.62.
As many as 2,048 shares changed hands on the counter with a total value of Rs 0.51 crore.
The stock quoted a 52-week high price of Rs 2843.0 and a 52-week low of Rs 1803.8.
On the technical charts, the 200-DMA of the stock stood at Rs 2474.21, while 50-DMA was at Rs 2448.82. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 24.51 per cent in the past one year, while Sensex has risen 25.1 per cent during the same period.
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