Action Construction Equipment Ltd
Action Construction Equipment Ltd (ACE)

Action Construction Equipment Ltd (ACE)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return5.76 %
3 Month Return26.11 %
1 Year Return5.2 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 135
Rank 107
Rank 139
Dividend Yield
Rank 114
Rank 100
Price To Book Ratio
Rank 158
Debt To Asset
Rank 171

Company Information

Action Construction Equipments Limited was initially promoted by Mr. Vijay Agarwal Mrs. Mona Agarwal Mr. Khem Karan Arora and Mrs. Laj Arora as subscribers to the Memorandum. Subsequently Mr. Khem Karan Arora and Mrs. Laj Arora ceased to be the members of the Company and the shares were transferred to the current promoters of the Company. The Company commenced its activities in the year 1995 and started manufacturing Hydraulic Mobile Cranes in 1995 under the brand name ACE. Apart from the company has started manufacturing of mobile tower cranes and loaders subsequently. ACE is the leading mobile Crane Manufacturing Company in India that has progressed all along to become a professionally managed ISO 9001 Certified company.The Companys manufacturing facility is based in Industrial town of Faridabad and now the company is in the process of setting up of its second manufacturing plant at Dudhaula Faridabad for manufacturing Back Hoe Loaders and Fixed Tower cranes up to capacity of six tons.ACE equipment is being successfully used in many industrial sectors like infrastructure construction road engineering industry coal mines chemical and fertilizer plants power stations ports railways oil Industry defence etc.During the year 199596 the Company has manufactured 110 mobile cranes and for the year 200405 the company has manufactured 1146 equipment.In September 2006 The company is entering the capital market with an initial public offer of 4600000 Equity Shares of Rs.10/. The company has fixed the price of Rs.130/ per Share.
OrganisationAction Construction Equipment Ltd
IndustryCapital Goods-Non Electrical Equipment