ACC share price gains around 1.5% as Nifty rise


Posted September 16, 2020 by dariya55

ACC share price raised 1.29% from its past close. In the last meeting, the offer had shut at Rs 1,367.35. A rundown of concrete organizations converged in ACC Limited.

 
ACC share price gains around 1.5% as Nifty rise
The Associated Cement Companies Limited, some time ago known as ACC Limited. On Tuesday, ACC share price raised 1.29% from its past close. In the last meeting, the offer had shut at Rs 1,367.35. A rundown of concrete organizations converged in ACC Limited. Additionally, the firm was constrained by Swiss concrete major Holcim.

On Tuesday, ACC Ltd stock exchanged between Rs 1,389.00 and Rs 1,350.75. The offer cost opened at Rs 1,368.00. Afterward, the stock arrived at an intraday high and low cost of Rs 1,389.00 and Rs 1,350.75. Around 847,977 offers traded on the counter. The offers exchanged with a turnover of Rs 11,680.12 lakhs.

The stock provided a 52-week significant expense estimate of Rs 1,707.7 and a 52-week low cost of Rs 895.5. The market top of the stock remained at Rs 25,993.51 crore.

As of the source, ACC shares exchanged at 22.16 occasions to its EPS of Rs 62.29 per share and 2.35 occasions to its cost to-book esteem.

The advertiser of the held 50.05 percent of the stake in ACC limited, while FIIs and DIIs held 8.14% and 11.67 percent as of 30th June 2020.

ACC Limited distributed a solidified net deals of Rs 2,602 crore for the quarter finished June 2020. In addition, it posted a net benefit of Rs 268 crore for a similar quarter. Be that as it may, It had detailed a solidified net deals of Rs 4,149 crore for a similar quarter in 2019.

Indusind Bank, Cipla, UPL, Kotak, Sun pharma are the top gainers on NSE, while Titan, Maruti, Asian paints, Eicher Motors are the top failures.

Stock Market September 15th:

At the end chime, both Sensex and Nifty proceeded with a bullish pattern in the financial exchange. The BSE Sensex shut down at 39,044.35 level with an increase of 287.72 focuses. Moreover, the Nifty expanded 81.75 focuses with a 0.71% rose and arrived at the 11,521.80 level.

On the opposite side, the quantity of Covid cases in India arrived at 49,30,236 as of Tuesday, September fifteenth, and passings arrived at 80,776.

In the fringe showcases, the S&P BSE Small-Cap revealed a bullish pattern in the securities exchange. It earned 218.34 focuses with a 1.44% expansion and arrived at a 15,363.57 level. The S&P BSE Mid-Cap raised 127.05 focuses with a 0.85% expanded and arrived at a 15,014.74 level. While the Nifty Bank scored 364.40 focuses with a 1.65% ascent and arrived at the 22,465.65 level.
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Last Updated September 16, 2020