ACC gains on launching new range of innovative and sustainable products during COVID-19
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ACC is currently trading at Rs. 1837.95, up by 13.50 points or 0.74% from its previous closing of Rs. 1824.45 on the BSE.
The scrip opened at Rs. 1848.00 and has touched a high and low of Rs. 1848.00 and Rs. 1784.15 respectively. So far 109153 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2022.75 on 09-Apr-2021 and a 52 week low of Rs. 1108.00 on 29-Apr-2020.
Last one week high and low of the scrip stood at Rs. 1982.00 and Rs. 1784.15 respectively. The current market cap of the company is Rs. 34442.06 crore.
The promoters holding in the company stood at 54.53%, while Institutions and Non-Institutions held 33.07% and 12.40% respectively.
ACC has launched new innovative products during the COVID-19 pandemic. These launches demonstrate the commitment to be one of the most innovative and sustainable companies in building solutions in India. By developing these cutting-edge building solutions, ACC aims to drive efficiency and deliver better value for commercial as well as individual customers. The differentiated properties of this innovative product line is bolstering acceptance across markets.
To deliver added value to customers, ACC launched ‘ACC Thermofillcrete’, a superior quality concrete that can dissipate heat and help lower the cost associated with excavation, backfilling and compaction. ACC also launched ‘ACC ADMIX’, a concrete additive mixture range, under its Solutions & Products segment. The ACC ADMIX range is a new generation polymer which is designed to impart exceptional performance in concrete.
ACC is one of India’s leading producers of cement and ready mix concrete.
