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As Sensex climbs, ACC shares rise 1.51%.

As Sensex climbs, ACC shares rise 1.51%.

Even though the BSE benchmark Sensex dropped 274.77 points to 77305.54 on Monday, shares of ACC Ltd. were up 0.52% at Rs 2198.95 at 12:07 PM (IST).

The previous session's closing price of the stock was Rs 2187.55. The 52-week high and 52-week low prices of the stock were Rs 2843.00 and Rs 1803.80, respectively. According to BSE statistics, 1932 shares were traded on the counter as of 12:07 PM (IST), generating a turnover of Rs 0.43 crore.

The company's shares were trading at 20.17 times its trailing 12-month earnings per share, which came to Rs 108.82 at the current price.

A greater P/E ratio indicates that investors are prepared to pay more for shares now due to anticipated future growth.

A company's intrinsic value is indicated by its price-to-book ratio, which also shows how much investors are willing to pay even if there is no business development. The stock has a beta rating of 1.3069, which gauges how volatile it is in comparison to the overall market.

Details of Shareholding

As of right now, promoters owned 50.0% of the company, FIIs owned 5.51%, and DIIs owned 15.35%.

Technical details

The stock's relative strength index (RSI) was 35.72 on the technical charts. The range of the RSI's oscillation is zero to 100. When the RSI value is above 70, it is traditionally regarded as an overbought state; when it is below 30, it is regarded as an oversold condition. According to chartists, RSI should not be seen in isolation since it could not be enough to make a trading decision, much like fundamental analysts are unable to propose a "buy" or "sell" only on a single valuation factor.




 


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