ACC Ltd. rose 1.25 per cent to Rs 2354.05 in Thursday's trade as of 12:59PM (IST) even as the benchmark Nifty ruled at 24826.95, up 56.75 points.
The scrip had closed at Rs 2324.8 in the previous session. The stock quoted a 52-week low of Rs 1803.8 and a high of Rs 2843.0. The company quoted a market-cap of Rs 44295.26 crore on the BSE.
On BSE, 4,452 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 19.85 times its trailing 12-month EPS of Rs 118.84 per share and 2.87 times its book value. The return on equity (ROE) stood at Rs 14.3.
Key Financials For the quarter ended 30-Jun-2024, ACC Ltd. reported consolidated sales of Rs 5226.61 crore, down 0.97 per cent from the same quarter a year ago. The company reported 22.47 per cent YoY de-growth in net profit at Rs 361.36 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Thursday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.