Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
ACC is currently trading at Rs. 1492.80, up by 11.70 points or 0.79% from its previous closing of Rs. 1481.10 on the BSE.
The scrip opened at Rs. 1485.10 and has touched a high and low of Rs. 1510.00 and Rs. 1482.55 respectively. So far 12486 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1856.00 on 16-Jan-2018 and a 52 week low of Rs. 1255.00 on 17-Jul-2018.
Last one week high and low of the scrip stood at Rs. 1,510.00 and Rs. 1369.70 respectively. The current market cap of the company is Rs. 28010.35 crore.
The promoters holding in the company stood at 54.53%, while Institutions and Non-Institutions held 30.86% and 14.61% respectively.
ACC has received an approval from board for setting up a Greenfield Integrated Cement Plant at Ametha, District Katni, Madhya Pradesh (Clinker capacity of 3 MTPA and Cement capacity of 1 MTPA) along with expansion of the existing grinding unit in Tikaria, Uttar Pradesh (Cement capacity of 1.6 MTPA) and a third grinding unit also in Uttar Pradesh (cement capacity 2.2 MTPA). The company’s board has also approved the setting up of 1.1 MTPA Cement Grinding Facility at the existing location at Sindri, Jharkhand.
The said projects are estimated to cost approximately Rs 3000 crore, which is proposed to be funded through internal accruals. The company has an existing capacity of 33.41 MTPA. In 2017 the utilization rate was 79%. The said Projects are proposed to be completed within a period of three years. The projects will allow the company to strengthen its presence in its markets. The Board of directors of the company at its meeting held on December 12, 2018 has approved for the same.
ACC is India’s foremost manufacturer of cement and ready mixed concrete with a countrywide network of factories and sales offices.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 9893.10 |
| Ambuja Cement | 635.90 |
| ACC | 2554.45 |
| Shree Cement | 24677.95 |
| Dalmia Bharat | 1780.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
