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ACC slips after Q4 earnings

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Capital Market
Last Updated : Feb 03 2015 | 5:00 PM IST

ACC fell 0.12% to Rs 1,524.25 at 14:51 IST on BSE after consolidated net profit rose 18.32% to Rs 326.22 crore on 1.23% increase in total income to Rs 2879.68 crore in Q4 December 2014 over Q4 December 2013.

The result was announced during trading hours today, 3 February 2015.

Meanwhile, the BSE Sensex was down 61.18 points, or 0.21%, to 29,061.09.

On BSE, so far 91,000 shares were traded in the counter, compared with an average volume of 26,312 shares in the past one quarter.

The stock hit a high of Rs 1,570 and a low of Rs 1,510.45 so far during the day. The stock hit a record high of Rs 1,591.90 on 30 January 2015. The stock hit a 52-week low of Rs 986.35 on 6 February 2014.

The stock had outperformed the market over the past one month till 30 January 2015, rising 7.03% compared with 6.49% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, rising 1.68% as against Sensex's 6.72% rise.

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The large-cap company has an equity capital of Rs 187.75 crore. Face value per share is Rs 10.

ACC is a manufacturer of cement and ready mixed concrete with a countrywide network of factories and sales offices.

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First Published: Feb 03 2015 | 2:46 PM IST

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