₹98.15▲9.79%
9.32%
Low
Day's Volatility:9.48%
High
0.15%
44.07%
Low
52 Weeks Volatility:105.30%
High
61.23%
Returns % | |
1 Month Return | 8.36 % |
3 Month Return | -24.78 % |
1 Year Return | 55.21 % |
Market Stats | |
Previous Close | ₹89.40 |
Open | ₹90.00 |
Volume | 6.31L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹824.02Cr |
Organisation | Andhra Cements Ltd |
Headquarters | Hyderabad |
Industry | Cement |
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Key events for Andhra Cements Ltd
Andhra Cements' offer for sale (OFS) opened for retail investors on February 28, causing shares to plunge. The floor price for the offer is set at Rs 90 per share, a discount of nearly 19% to Monday's close. Post completion of the stake sale, promoter shareholding in the company would be reduced from 95% to 90%. Andhra Cements has given a return of 1738% over one year and trades at cheap valuations with TTM PE below industry median.
Andhra Cements' Promoter Sells Stake Via Offer For Sale - 27 Feb, 2024
The promoter of Andhra Cements, Sagar Cements Limited, is set to dilute its stake in the company by selling up to 46 lakh equity shares representing a 5% equity stake in the company through an offer-for-sale with a floor price of Rs. 90 per share. The news caused a 4.9% drop in the stock's value.
Andhra Cements Promoters Propose Stake Sale - 26 Feb, 2024
Andhra Cements' promoter Sagar Cements is set to dilute its stake by 5% through an offer for sale (OFS) with a floor price set at Rs. 90 per share. The sale will take place between February 27 and 28, 2024.
Fundamentals of Andhra Cements Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Retail Holding Up
Retail Investor have increased holdings from 4.66% to 9.66% in Mar 2024 quarter
Promoter Holding Down
Promoters have decreased holdings from 95.00% to 90.00% in Mar 2024 quarter
Price Dip
In the last 3 months, ACL stock has moved down by -24.8%
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 90% | 0.00 | |
Foreign Institutions | 0% | 0.00 | |
Mutual Funds | 0% | 0.00 | |
Retail Investors | 9.66% | 0.00 | |
Others | 0.34% | 0.00 |
Technicals of Andhra Cements Ltd share
News & Events of Andhra Cements Ltd
Andhra Cements Ltd (ACL) share price today is ₹98.15
Andhra Cements Ltd is listed on NSE
Andhra Cements Ltd is listed on BSE
Today’s traded volume of Andhra Cements Ltd(ACL) is 6.31L.
Today’s market capitalisation of Andhra Cements Ltd(ACL) is ₹824.02Cr.
Andhra Cements Ltd(ACL | Price |
---|---|
52 Week High | ₹158.25 |
52 Week Low | ₹54.9 |
Andhra Cements Ltd(ACL) share price is ₹98.15. It is down -37.98% from its 52 Week High price of ₹158.25
Andhra Cements Ltd(ACL) share price is ₹98.15. It is up 78.78% from its 52 Week Low price of ₹54.9
Andhra Cements Ltd(ACL | Returns |
---|---|
1 Day Returns | 8.75% |
1 Month Returns | 8.36% |
3 Month Returns | -24.78% |
1 Year Returns | 55.21% |