ACC is currently trading at Rs. 1281.00, up by 4.95 points or 0.39 % from its previous closing of Rs. 1276.05 on the BSE.
The scrip opened at Rs. 1281.00 and has touched a high and low of Rs. 1284.00 and Rs. 1261.25 respectively. So far 9491 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. 1106.75 on 05-Apr-2013.
Last one week high and low of the scrip stood at Rs. 1292.00 and Rs. 1226.95 respectively. The current market cap of the company is Rs. 24087.73 crore.
The promoters holding in the company stood at 50.30% while Institutions and Non-Institutions held 31.15% and 18.55% respectively.
ACC, country’s cement major is likely to concentrate the north-coastal Andhra Pradesh market with its product Coastal Plus. This product is corrosion-proof, so best suited to the coastal areas. It had acquired a small cement company in the Visakhapatnam special economic zone.
The company has spent Rs 80 crore on the plant, making it a 30,000-tonne per month plant. It will produce its special product - Coastal Plus - at the plant.