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18-Jul2017

ACC shines on reporting 33% rise in Q2 consolidated net profit

ACC is currently trading at Rs. 1779.55, up by 28.30 points or 1.62% from its previous closing of Rs. 1751.25 on the BSE.

The scrip opened at Rs. 1792.00 and has touched a high and low of Rs. 1809.80 and Rs. 1765.00 respectively. So far 78851 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1809.80 on 18-Jul-2017 and a 52 week low of Rs. 1257.00 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 1809.80 and Rs. 1625.00 respectively. The current market cap of the company is Rs. 33482.47 crore.

The promoters holding in the company stood at 54.53%, while institutions and non-institutions held 31.16% and 14.31% respectively.

ACC has reported rise of 32.72% in its net profit at Rs 321.75 crore for the quarter ended June 30, 2017, as compared to Rs 242.42 crore for the same quarter in the previous year. Total income of the company increased by 20.32% at Rs 3984.53 crore for the quarter under review as compared Rs 3311.71 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 32.58% rise in its net profit at Rs 326.23 crore for the quarter ended June 30, 2017 as compared to Rs 246.07 crore for the same quarter in the previous year. Total consolidated income of the company increased by 20.32% to Rs 3985.40 crore for quarter under review from Rs 3312.30 crore for the quarter same quarter in the previous year.


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