01-01-1970 12:00 AM | Source: Accord Fintech
ACC gains on unveiling ‘ACC Airium’ in India
News By Tags | #168 #223 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

ACC is currently trading at Rs. 2076.65, up by 6.00 points or 0.29% from its previous closing of Rs. 2070.65 on the BSE.

The scrip opened at Rs. 2064.00 and has touched a high and low of Rs. 2087.95 and Rs. 2057.25 respectively. So far 9481 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2587.95 on 15-Nov-2021 and a 52 week low of Rs. 1784.15 on 22-Apr-2021.

Last one week high and low of the scrip stood at Rs. 2132.00 and Rs. 2025.00 respectively. The current market cap of the company is Rs. 39078.53 crore.

The promoters holding in the company stood at 54.53%, while Institutions and Non-Institutions held 33.17% and 12.30% respectively.

ACC has unveiled a revolutionary thermal insulating climate control concrete system ‘ACC Airium’ in India. ACC has a long tradition of creating cutting-edge innovations in terms of ‘products & solutions’ that benefit home builders and the community of architects, engineers and developers. The latest in the line is ACC Airium, a mineral foam based insulating technology, as a unique concrete system which becomes a long-lasting roofing solution that insulates the surface at the time of construction itself.

The introduction of ACC Airium is an essential component of ACC’s strategy to advance the transition towards low-carbon and circular construction. The Company has been consistently focusing on increasing the range of sustainable solutions. Expanding that range of products and solutions is also part of its commitment to deliver energy savings and offer healthy and sustainable construction solutions. While ACC Airium is being launched in two markets-Delhi NCR & Hyderabad as of now; ACC has a vision of rolling this out in all key markets.

ACC is one of India’s leading producers of cement and ready mix concrete.