ACC is currently trading at Rs. 1379.00, up by 0.60 points or 0.04% from its previous closing of Rs. 1378.40 on the NSE.
The scrip opened at Rs. 1376.15 and has touched a high and low of Rs. 1390.80 and Rs. 1365.10 respectively. So far 1, 87,580 shares were traded on the counter.
The NSE stock of face value Rs. 10 has touched a 52 week high of Rs. 1545.35 on 4-Oct-2012 and a 52 week low of Rs. 1,082.30 on 05-Jan-2012.
The promoters holding in the company stood at 50.30% while Institutions and Non-Institutions held 30.32% and 19.38% respectively.
ACC has received an approval from the High Court of Bombay, for amalgamation of Company’s wholly owned subsidiary, ACC Concrete with itself. The Order has been filed with the Registrar of Companies, Mumbai on October 28, 2012.
ACC is India’s foremost manufacturer of cement and concrete. The company’s operations are spread throughout the country with 14 modern cement factories, more than 30 ready mix concrete plants, 20 sales offices, and several zonal offices.
