ACC shines on reporting 38% upward push in Q1 consolidated internet income

ACC shines on reporting 38% upward push in Q1 consolidated internet income

by admin- Thursday, April 25th, 2019 04:25:46 PM

ACC is currently trading at Rs. 1649.30, up by way of 42.Forty points or 2.64% from its preceding last of Rs. 1606.90 at the BSE.

The scrip opened at Rs. 1609.00 and has touched a excessive and coffee of Rs. 1656.Eighty and Rs. 1606.35 respectively. So a ways 28397 shares were traded at the counter.

The BSE group ‘A’ stock of face price Rs. 10 has touched a fifty two week high of Rs. 1721.10 on 01-Apr-2019 and a 52 week low of Rs. 1255.00 on 17-Jul-2018.

Last one week high and low of the scrip stood at Rs. 1698.95 and Rs. 1570.Eighty five respectively. The cutting-edge marketplace cap of the company is Rs. 30871.29 crore.

The promoters maintaining in the enterprise stood at 54.Fifty three%, whilst Institutions and Non-Institutions held 30.52% and 14.95% respectively.

ACC has reported a rise of 38.07% in its net profit of Rs 338.Forty two crore for first region ended March 31, 2019 in comparison to Rs 245.10 crore for the same area inside the preceding year. Total earnings of the agency improved through 10.Ninety% at Rs 4,071.58 crore for March zone compared Rs 3,671.Forty crore for the corresponding region previous year.

On the consolidated foundation, the company has mentioned a upward thrust of 38.19% in its net profit of Rs 346.02 crore for the zone beneath evaluation in comparison to Rs 250.39 crore for the identical quarter within the preceding yr. Total income of the company improved via 11% at Rs 4,1/2.Seventy one crore for March quarter compared Rs 3,671.95 crore for the corresponding area preceding 12 months.

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