ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 41608.96 Crore) operating in Cement sector.
The Relative Strength Index of the stock stood at 48.4 on Monday.
The rupee has gained substantially versus the greenback over the last couple of weeks because of foreign exchange market interventions by the Reserve Bank of India and a flurry of year-end dollar sales by banks on account of exporters’ requirements. The domestic currency has added close to 2.5 per cent versus the US dollar from Dec 20-31.
The non-bank lender had decided to do an early closure of the issue on December 22, 2021, as against the scheduled closure on December 27, 2021, the release said.
A total of 15,900 shares changed hands on the counter till 11:47AM (IST).
The lira was by far the worst performer in emerging markets in 2021, as well as in the last few years and lost 44% of its value against the U.S. currency over the year.
The stock traded at a P/E multiple of 10.79, while the price-to-book value ratio stood at 2.86.
Following the update, shares of SML Isuzu zoomed over 14 per cent to Rs 724.20 on Monday, before paring some gains to trade at Rs 712.50 at 9.35 am.
The company dispatched 13.97 lakh units to dealers through 2021 as against 12.14 lakh units in the year-ago period. In December 2020, the company had sold 1,60,226 units.
According to a notification by state-owned fuel retailers over the weekend, ATF prices have increased by Rs 2,039.63 per kilolitre to Rs 76,062.04 per kl in Delhi.
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