ACC shines despite reporting 9% fall in Q1 consolidated net profit

24 Apr 2017

ACC is currently trading at Rs. 1600.00, up by 103.25 points or 6.90% from its previous closing of Rs. 1496.75 on the BSE.

The scrip opened at Rs. 1511.70 and has touched a high and low of Rs. 1605.00 and Rs. 1511.00 respectively. So far 92015 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1738.00 on 08-Aug-2016 and a 52 week low of Rs. 1257.00 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 1,605.00 and Rs. 1,476.05 respectively. The current market cap of the company is Rs. 30083.52 crore.

The promoters holding in the company stood at 54.53%, while Institutions and Non-Institutions held 31.09% and 14.38% respectively.

ACC has reported a fall of 9.85% in its net profit at Rs 211.50 crore for the quarter ended March 31, 2017 as compared to Rs 234.62 crore for the same quarter in the previous year. However, total income of the company has increased by 8.71% at Rs 3666.77 crore for quarter under review as compared to Rs 3373.05 crore for the quarter ended March 31, 2016.

On consolidated basis, the company has reported a fall of 8.91% in its consolidated  net profit at Rs 211.06 crore for the quarter ended March 31, 2017 as compared to Rs 231.70 crore for the corresponding quarter in the FY16. However, total consolidated income from operations of the company rose 8.83% at Rs 3663.18 crore for quarter under review as compared to Rs 3365.88 crore for the same quarter ended previous year.

ACC Share Price

1847.00 24.05 (1.32%) Mar 08, 09:29
1 Year Price Chart
Peers
Company Name CMP
Ultratech Cement 6837.95
ACC 1847.00
Shree Cement 28000.00
Ambuja Cement 288.00
Dalmia Bharat 1474.85
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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