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ACC gains on reporting 62% growth in Q3 net profit

30 Oct 2014

ACC is currently trading at Rs. 1497.50, up by 13.25 points or 0.89% from its previous closing of Rs. 1484.25 on the BSE.

The scrip opened at Rs. 1489.90 and has touched a high and low of Rs. 1509.00 and Rs. 1474.00 respectively. So far 45430 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1570.00 on 10-Sep-2014 and a 52 week low of Rs. 971.25 on 30-Jan-2014.

Last one week high and low of the scrip stood at Rs. 1492.00 and Rs. 1454.40 respectively. The current market cap of the company is Rs. 28124.25 crore.

The promoters holding in the company stood at 50.30 % while Institutions and Non-Institutions held 32.47 % and 17.23 % respectively.

ACC has registered 69.57% jump in its net profit at Rs 204.91 crore for third quarter ended September 30, 2014 as compared to Rs 120.84 crore for the same quarter in the previous year. Total income of the company has increased 9.64% at Rs 2859.04 crore for September as compared Rs 2607.69 crore for the corresponding quarter previous year.

On consolidated basis, the company’s net profit after taxes, minority interest and share in profit of associates for the quarter under review registered 61.98% growth at Rs 192.60 crore against Rs 118.90 crore in the September quarter of previous fiscal. The company’s total income has increased by 9.26% at Rs 2847.23 crore for the quarter from Rs 2605.83 crore in the similar quarter of previous year.

ACC Share Price

2029.30 -11.35 (-0.56%) Jun 18, 18:03
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323