Action Construction Equipment shines on bagging order from Ministry of Defence
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Action Construction Equipment is currently trading at Rs. 203.25, up by 4.60 points or 2.32% from its previous closing of Rs. 198.65 on the BSE.
The scrip opened at Rs. 200.40 and has touched a high and low of Rs. 211.00 and Rs. 198.00 respectively. So far 42359 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 291.55 on 14-Sep-2021 and a 52 week low of Rs. 163.80 on 03-Jun-2021.
Last one week high and low of the scrip stood at Rs. 211.00 and Rs. 180.20 respectively. The current market cap of the company is Rs. 2431.68 crore.
The promoters holding in the company stood at 66.76%, while Institutions and Non-Institutions held 8.33% and 24.92% respectively.
Action Construction Equipment has received breakthrough order for supply of 40 numbers Backhoe Loaders from Border Road Organisation, Ministry of Defence (MoD). This order demonstrates efforts under the ‘Make in India’ and ‘AatmaNirbhar Bharat’ initiatives of the Government of India.
Action Construction Equipment is the leading mobile crane manufacturing company in India, which has progressed all along to become a professionally managed ISO 9OOI Certified company.
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