Share price of ACC as Sensex gains 715.23 points
ACC Ltd. 0.9 per cent to Rs 2070.05 at 12:12PM (IST) in Thursday's trade. The counter has hit a high of Rs 2071.25 and low of Rs 2040.05 so far during the session. The stock had closed at Rs 2051.45 in the previous session.
The counter has had a total traded volume of 2489 shares so far with a value of Rs 0.52 crore on the NSE. It traded at a price-to-earnings multiple of 18.92 and a price-to-book ratio of 2.87.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip 8.72 per cent during the past one year, while the 30-share index advanced 12.359999656677246 per cent during the same period.
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