Shares of ACC Ltd.

rose 0.23 per cent to Rs 2465.1 at 11:25AM hours (IST) on Friday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE

, total traded quantity on the counter stood at 6,294 shares with a turnover of Rs 1.54 crore till 11:25AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 20.82, while the price-to-book value ratio stood at 2.87.

Return on equity (ROE) was at 14.3 per cent, according to exchange data. The stock hit an intraday high of Rs 2480.0 and a low of Rs 2423.1 during the session and quoted a 52-week high price of Rs 2843.0 and a 52-week low of Rs 1803.8.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.31.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 2485.17 on October 04, while the 50-DMA was at Rs 2423.82. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 51.69. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2024, promoters held 56.69 per cent stake in the company, while foreign institutional investors held 5.64 per cent and domestic institutional investors had 24.73 per cent.