ACC shares pick up 2.09% as Sensex rises


Synopsis
The stock cited a 52-week tall of Rs 2480.0 and a 52-week moo of Rs 1289.7.

Shares of ACC Ltd. exchanged 2.09 per cent higher in Thursday’s session at 10:46AM (IST). The stock opened at Rs 2420.0 and has touched an intraday tall and moo of Rs 2480.0 and Rs 2414.45, individually, amid the session so far.
The stock cited a 52-week tall of Rs 2480.0 and a 52-week moo of 1289.7. Approximately 4,940 offers changed hands on the counter so distant.
Benchmark Nifty50 was up 56.0 focuses at 17132.25, whereas the BSE Sensex exchanged 163.78 focuses higher at 57501.99 at the time of composing of this report.
Within the Nifty pack, 32 stocks traded the day within the green, whereas 17 were within the red.
Key Financials
For the quarter finished 30-Jun-2021, the company detailed solidified deals of Rs 3930.49 crore, down 9.35 per cent from the past quarter’s Rs 4335.94 crore and down 48.12 per cent from the year-ago quarter. The company detailed net benefit of Rs 569.42 crore for the most recent quarter.
Promoter Holdings
Promoters held 54.53 per cent stake within the company as of 30-Jun-2021, whereas FIIs held 23.67 per cent and MFs 8.46 per cent.
Technicals
On the technical charts, the 200-Day Moving Normal (DMA) of the stock stood at Rs 1909.88 on September 02, whereas the 50-DMA was at Rs 2232.24. In the event that a stock exchanges over 50-DMA and 200-DMA, it as a rule implies the prompt drift is upward. On the other hand, in case the stock exchanges well underneath 50-DMA and 200-DMA both, it is considered as bearish slant and in the event that exchanges between these midpoints, at that point it proposes the stock can go either way.

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