The scrip had closed at Rs 2337.4 in the previous session. The stock quoted a 52-week low of Rs 1289.7 and a high of Rs 2375.0. The company quoted a market-cap of Rs 44143.15 crore on the BSE.
On BSE, 13,474 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 22.43 times its trailing 12-month EPS of Rs 104.81 per share and 2.4 times its book value. The return on equity (ROE) stood at Rs 11.26.
For the quarter ended 30-Jun-2021, ACC Ltd. reported consolidated sales of Rs 3930.49 crore, down 48.12 per cent from the same quarter a year ago. The company reported 110.18 per cent YoY growth in net profit at Rs 569.42 crore for the latest quarter.
The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.