ACC shares gain 0.32% as Sensex rises
ACC Ltd. traded 0.32 per cent higher in Tuesday's session at 01:34PM (IST). The stock opened at Rs 2030.95 and has touched an intraday high and low of Rs 2038.95 and Rs 2021.5, respectively, during the session so far.
The stock quoted a 52-week high of Rs 2674.45 and a 52-week low of 1593.5. About 90,138 shares changed hands on the counter so far.
Benchmark Nifty50 was up 106.3 points at 19838.05, while the BSE Sensex traded 353.0 points higher at 66519.93 at the time of writing of this report.
In the Nifty pack, 42 stocks traded the day in the green, while 8 were in the red.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 5278.02 crore, up 7.49 per cent from the previous quarter's Rs 4910.06 crore and up 16.71 per cent from the year-ago quarter. The company reported net profit of Rs 466.1 crore for the latest quarter.
Promoter Holdings Promoters held 56.69 per cent stake in the company as of 30-Sep-2023, while FIIs held 7.1 per cent and MFs 12.52 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1918.02 on October 17, while the 50-DMA was at Rs 2000.93. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
