ACC stock price down 0.53 per cent as Sensex slides
ACC Ltd. fell 0.53 per cent to Rs 2240.8 at 11:54AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 12,060 shares with a turnover of Rs 2.69 crore till 11:54AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 35.18, while the price-to-book value ratio stood at 2.22.
Return on equity (ROE) was at 6.26 per cent, according to exchange data.
The stock hit an intraday high of Rs 2265.75 and a low of Rs 2200.1 during the session and quoted a 52-week high price of Rs 2486.35 and a 52-week low of Rs 1593.5.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.31.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 1930.28 on January 18, while the 50-DMA was at Rs 2091.79.
If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 52.17. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
