ACC zooms on reporting 2-fold jump in Q2 consolidated net profit

20 Jul 2021 Evaluate

ACC is currently trading at Rs. 2295.00, up by 144.35 points or 6.71% from its previous closing of Rs. 2150.65 on the BSE.

The scrip opened at Rs. 2225.00 and has touched a high and low of Rs. 2304.05 and Rs. 2191.90 respectively. So far 203572 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,304.05 on 20-Jul-2021 and a 52 week low of Rs. 1289.70 on 07-Sep-2020.

Last one week high and low of the scrip stood at Rs. 2,304.05 and Rs. 2069.55 respectively. The current market cap of the company is Rs. 43080.28 crore.

The promoters holding in the company stood at 54.53%, while Institutions and Non-Institutions held 33.14% and 12.33% respectively.

ACC has reported 99.19% rise in its net profit of Rs 533.81 crore for the quarter ended June 30, 2021 as against net profit of Rs 267.99 crore for the same quarter in the previous year. Total income of the company increased by 48.22% at Rs 3929.50 crore for quarter ended June 30, 2021 as compared Rs 2651.07 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributed to the owners at Rs 569.42 crore for the quarter ended June 30, 2021 as against net profit of Rs 270.92 crore for the same quarter in the previous year. Total income of the company increased by 48.12% at Rs 3930.49 crore for quarter ended June 30, 2021 as compared to Rs 2653.52 crore for the corresponding quarter previous year.

ACC Share Price

2494.75 38.20 (1.56%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Ultratech Cement 9740.00
ACC 2494.75
Shree Cement 25800.00
Ambuja Cement 612.30
Dalmia Bharat 1940.05
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