ACC is currently trading at Rs 1299.50, up by 2.10 points or 0.16% from its previous closing of Rs 1297.40 on the BSE.
The scrip opened at Rs 1300.00 and has touched a high and low of Rs 1304.30 and Rs 1289.55 respectively. So far 5543 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1514.95 on 15-Oct-2012 and a 52 week low of Rs 1105.05 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs 1300.00 and Rs 1223.90 respectively. The current market cap of the company is Rs 24406.90 crore.
The promoters holding in the company stood at 50.30% while Institutions and Non-Institutions held 30.34% and 19.36% respectively.
Holcim-owned ACC has received its investors’ approval for paying a ‘technology and know-how’ fee of 1% of the net sales to Holcim Technology for two years, starting 2013.
At ACC, the postal voting, conducted as an ordinary resolution was passed with 75.65% of members voting in favour of the same, while 24.30% voting against it. Meanwhile, 0.05% were invalid votes.
ACC recorded consolidated net sales of Rs 11,130.56 crore for the year ended December 31,2012 as against 10002.07 crore for the year ended December 31,2012. Given the 1% fee would be payable for the current year, Holcim Technology will now receive a payment of Rs 111.30 crore from ACC.