The counter has had a total traded volume of 7918 shares so far with a value of Rs 1.48 crore on the NSE. It traded at a price-to-earnings multiple of 21.09 and a price-to-book ratio of 2.4.
A higher price-to-earnings 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 gained 56.25 per cent during the past one year, while the 30-share index advanced 54.14 per cent during the same period.
ACC Ltd. belongs to the Cement – Pan India industry.
Promoters held 50.05 per cent stake in the company as of 31-Mar-2021, while foreign investors and domestic institutional investors ownership stood at 12.64 per cent and 9.1 per cent, respectively.
The firm reported consolidated net sales of Rs 4335.94 crore for the quarter ended 31-Mar-2021, up 3.02 per cent from the previous quarter’s Rs 4208.75 crore and up 21.88 per cent from the year-ago quarter’s Rs 3557.63 crore.
Profit for the latest quarter stood at Rs 562.57 crore, up 74.17 per cent from the same quarter a year ago.