ACC Share Price: Share price of ACC falls as Sensex gains 641.7 points
Share price of ACC Ltd. dropped 0.39 per cent to Rs 2304.35 at 12:26PM (IST) in Monday’s trade. The scrip hit a high of Rs 2322.35 and low of Rs 2300.0 so far during the session. The stock had closed at Rs 2313.6 in the previous session.
The counter had a total traded volume of 12:26PM shares so far with a turnover of Rs 1.18 crore on BSE. The stock traded at a price-to-earnings multiple of 19.39 and a price-to-book ratio of 2.87.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for…
