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ACC inches up on commencing cement production facility in Jharkhand

06 Jan 2021 Evaluate

ACC is currently trading at Rs. 1651.80, up by 7.05 points or 0.43% from its previous closing of Rs. 1644.75 on the BSE.

The scrip opened at Rs. 1660.00 and has touched a high and low of Rs. 1664.00 and Rs. 1646.55 respectively. So far 4901 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1788.05 on 01-Dec-2020 and a 52 week low of Rs. 895.50 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1664.00 and Rs. 1612.30 respectively. The current market cap of the company is Rs. 30886.31 crore.

The promoters holding in the company stood at 54.53%, while Institutions and Non-Institutions held 32.36% and 13.11% respectively.

ACC has successfully commissioned its new Grinding Unit (GU) at Sindri in the State of Jharkhand effective January 2, 2021. The new facility will add an additional capacity of 1.4 MTPA cement to the existing 3.0 MTPA unit, taking the total capacity at Sindri to 4.4 MTPA.  This facility will manufacture low CO2, environment friendly, cement products.

ACC is one of India’s leading producers of cement and ready mix concrete.

Peers
Company Name CMP
Ultratech Cement 11020.00
Ambuja Cements 374.90
ACC 1213.30
Shree Cement 22155.20
Dalmia Bharat 1651.40
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