ACC inches up on reporting over 2- fold jump in Q1 consolidated net profit
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ACC is currently trading at Rs. 1944.95, up by 6.30 points or 0.32% from its previous closing of Rs. 1938.65 on the BSE.
The scrip opened at Rs. 1941.05 and has touched a high and low of Rs. 1972.00 and Rs. 1925.60 respectively. So far 18547 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2784.95 on 14-Sep-2022 and a 52 week low of Rs. 1593.50 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1972.00 and Rs. 1771.00 respectively. The current market cap of the company is Rs. 36405.38 crore.
The promoters holding in the company stood at 56.69%, while Institutions and Non-Institutions held 29.51% and 13.81% respectively.
ACC has reported over 2- fold jump in its net profit at Rs 463.93 crore for the quarter ended June 30, 2023 as compared to Rs 222.17 crore for the same quarter in the previous year. Total income of the company increased by 16.77% at Rs 5,279.35 crore for Q1FY24 as compared Rs 4,521.26 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2- fold jump in its net profit at Rs 466.14 crore for the quarter ended June 30, 2023 as compared to Rs 227.35 crore for the same quarter in the previous year. Total income of the company increased by 16.71% at Rs 5,278.02 crore for Q1FY24 as compared Rs 4,522.28 crore for the corresponding quarter previous year.
