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Action Construction Equipment Ltd (ACE)

₹1447.253%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Action Construction Equipment Ltd. An average target of ₹1440

Source: S&P Global Market Intelligence

Action Construction Equipment Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,407.05
    ₹1,451.6
  • 52 Week's Low

    52 Week's High

    ₹590
    ₹1,695
1 Month Return-4.86 %
3 Month Return-2.93 %
1 Year Return+ 126.89 %
Previous Close₹1,405.10
Open₹1,410.00
Volume3.24L
Upper Circuit-
Lower Circuit-
Market Cap₹16,732.38Cr

Key Statistics

P/E Ratio50.98
PEG Ratio3.87
Market Cap₹16,732.38 Cr
P/B Ratio5.33
EPS4.78

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Edelweiss Small Cap Fund Direct GrowthEdelweiss Small Cap Fund Direct Growth0.93%
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.33%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.33%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Smallcap 250 Index Fund Direct Growth0.33%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct GrowthICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth0.33%

Company Information

Action Construction Equipments Limited (ACE) is an Indian company that was founded in 1995 and specializes in Hydraulic Mobile Cranes, Crawler Cranes, Truck Cranes, Material Handlers, Road Construction Equipment, Tractors, Harvesters, and Rotavators. It went public in 2006 when its Equity Shares were listed on the Bombay Stock Exchange and National Stock Exchange of India. In 2009 and 2008, it acquired a Romanian company which became a fellow subsidiary of the Company. In 2010 ACE started manufacturing tractors and in 2011 it acquired 89.50% of the total equity from a Cyprus-based WOS Company. In 2015-2016, ACE launched new products, such as skid loader wheel-based harvesters, and introduced smart features to its existing product range.

Share Price: ₹1447.25 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹16,732.38Cr as of today
Revenue: ₹835.84Cr as on March 2024 (Q1 24)
Net Profit: ₹98.45Cr as on March 2024 (Q1 24)
Listing date: 26 Sep, 2006
Chairperson Name: Vijay Agarwal
OrganisationAction Construction Equipment Ltd
HeadquartersPalwal
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Action Construction Equipment Ltd

  • Action Construction Equipment Plans Joint Venture with Kato Works; Reports Strong Q4 Results - 20 Jun, 2024

    Action Construction Equipment is in discussions with Japan-based Kato Works for establishing a JV in India to produce medium and large-sized cranes. The company reported strong Q4 FY24 results with consolidated net profit surging to Rs 98.44 crore and sales rising 36.17% YoY to Rs 835.84 crore. The stock rose 0.54% to trade at Rs 1520.75 on the BSE.

  • Action Construction Equipment Director Sells Shares Worth Rs 1.8 Billion - 16 Jun, 2024

    Mona Agarwal, the Whole-Time Director of Action Construction Equipment, sold shares worth Rs 1.8 billion at a price of Rs 1,419 per share. While insiders own a lot of shares in the company, recent transactions don't inspire confidence.

  • ACE Reports Strong Q4 Results and Positive Outlook - 14 Jun, 2024

    Action Construction Equipment Ltd (ACE) reported a 36.2% YoY increase in consolidated revenue from operations, accompanied by a 109% increase in net profit for Q4 FY23-24. The company is optimistic about the year-end with more than a 15-20% revenue increase despite anticipated muted growth due to general elections and monsoon season. ACE aims to enhance its export portfolio through domestic and international inorganic growth and exploring acquisition opportunities outside India. With a market cap of Rs. 17,540 crore, the stock price surged 1.3% on BSE.

  • Action Construction Equipment Ltd's CEO is the Most Bullish Insider - 12 Jun, 2024

    Individual insiders own 70% of Action Construction Equipment Ltd, with the top 2 shareholders controlling over half. The stock gained 13% last week.

  • Action Construction Equipment Ltd Shares Surge 12% - 05 Jun, 2024

    Shares of Action Construction Equipment (ACE) Ltd surged 12% to hit an intraday high of ₹1,421.9 apiece on the BSE on Tuesday. The stock has gained more than 65% so far in 2024 and over 181% in the last one year. ACE reported its highest-ever quarterly and yearly revenue and margins in the March quarter. The company's board recommended a dividend of 100%, or ₹2 per equity share of ₹2 each, for the financial year 2023-24.

  • ACE Anticipates Revenue Increase, Reports Strong Financials - 24 May, 2024

    Action Construction Equipment Ltd expects significant revenue growth this year, with strong financial results including a 36.2% YoY increase in consolidated revenue and 109% increase in net profit. The company is also exploring acquisitions and expanding its presence in the Defence Sector.

  • Action Construction Equipment Reports Strong Financial Results - 22 May, 2024

    Action Construction Equipment Ltd (ACE) reports strong financial results for Q4 FY24 with a 36% YoY increase in net sales and an 88% YoY increase in net profit. ACE is also looking to make potential acquisitions outside of India this year.

Insights on Action Construction Equipment Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 7 quarters, 33.97 Cr → 98.44 Cr (in ₹), with an average increase of 15.7% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.41% to 0.44% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 8.81% to 9.35% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 7 quarters, 497.79 Cr → 856.76 Cr (in ₹), with an average increase of 8.6% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 66.76% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jupiter Wagons Ltd has given 284.6% return, outperforming this stock by 157.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Titagarh Rail Systems Ltd has given 2181.6% return, outperforming this stock by 1667.1%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, ACE stock has moved down by -4.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 21.76% to 21.62% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹835.84Cr
↑10.99%
Net Income
₹98.45Cr
↑11.57%
Net Profit Margin
11.78%
↑0.51%
2023Y/Y Change
Revenue
₹2,159.68Cr
↑32.53%
Net Income
₹172.98Cr
↑64.74%
Net Profit Margin
8.01%
↑24.38%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,595.40Cr
↑24.23%
Total Liabilities
₹686.23Cr
↑29.69%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹286.26Cr
↑188.10%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
66.76%
0.00
Foreign Institutions
9.35%
0.00
Mutual Funds
0.44%
0.00
Retail Investors
21.62%
0.00
Others
1.84%
0.00

Key Indicators

Action Construction Equipment Ltd Valuation

Action Construction Equipment Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.90x)

April 3, 2020

Today (50.98x)

July 12, 2024

Industry (102.60x)

July 12, 2024

Highest (63.86x)

March 2, 2024

LowHigh

Earnings and Dividends

  • Action Construction Equipment Ltd Earnings Results

    Action Construction Equipment Ltd’s net profit jumped 106.59% since last year same period to ₹98.44Cr in the Q4 2023-2024. On a quarterly growth basis, Action Construction Equipment Ltd has generated 11.55% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Action Construction Equipment Ltd Dividends May,2023

    In the quarter ending March 2023, Action Construction Equipment Ltd has declared dividend of ₹1 - translating a dividend yield of 0.07%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Action Construction Equipment Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Action Construction Equipment Ltd (ACE) share price today is ₹1447.25

Action Construction Equipment Ltd is listed on NSE

Action Construction Equipment Ltd is listed on BSE

  • Today’s highest price of Action Construction Equipment Ltd is ₹1451.6.
  • Today’s lowest price of Action Construction Equipment Ltd is ₹1407.05.

PE Ratio of Action Construction Equipment Ltd is 50.98

PE ratio = Action Construction Equipment Ltd Market price per share / Action Construction Equipment Ltd Earnings per share

Today’s traded volume of Action Construction Equipment Ltd(ACE) is 3.24L.

Today’s market capitalisation of Action Construction Equipment Ltd(ACE) is ₹16732.38Cr.

Action Construction Equipment Ltd(ACEPrice
52 Week High
₹1695
52 Week Low
₹590

Action Construction Equipment Ltd(ACE) share price is ₹1447.25. It is down -14.62% from its 52 Week High price of ₹1695

Action Construction Equipment Ltd(ACE) share price is ₹1447.25. It is up 145.30% from its 52 Week Low price of ₹590

Action Construction Equipment Ltd(ACEReturns
1 Day Returns
42.15%
1 Month Returns
-4.86%
3 Month Returns
-2.93%
1 Year Returns
126.89%