ACC gains despite reporting 4% fall in Q1 consolidated net profit

29 Apr 2016

ACC is currently trading at Rs. 1454.50, up by 17.40 points or 1.21% from its previous closing of Rs. 1437.10 on the BSE.

The scrip opened at Rs. 1458.00 and has touched a high and low of Rs. 1459.45 and Rs. 1447.30 respectively. So far 6318 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1545.00 on 29-Apr-2015 and a 52 week low of Rs. 1173.25 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1450.70 and Rs. 1407.00 respectively. The current market cap of the company is Rs. 27347.93 crore.

The promoters holding in the company stood at 50.30% while Institutions and Non-Institutions held 33.37% and 16.33% respectively.

ACC has posted a fall of 3.48% in its net profit at Rs 232.19 crore for the quarter ended March 31, 2016 as compared to Rs 240.55 crore for the same quarter in the previous year. Total income of the company has decreased by 3.18% at Rs 3039.52 crore for quarter under review as compared to Rs 3139.22 crore for the quarter ended March 31, 2015. 

On the Consolidated basis, the company has posted a fall of 4.05% in its net profit after tax minority interest and share of profit of associates at Rs 226.95 crore as compared to Rs 236.54 crore for the same period in the previous year. Total income of company decreased 3.44% at Rs 3032.37 crore for year under review as compared to Rs 3140.31 crore for the period ended March 31, 2015. 

ACC Share Price

1732.95 -68.65 (-3.81%) Feb 26, 18:55
1 Year Price Chart
Peers
Company Name CMP
Ultratech Cement 6114.60
ACC 1732.95
Shree Cement 26506.65
Ambuja Cement 273.65
Dalmia Bharat 1434.75
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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