ACC fell 3.57% to Rs 570 at 14:56 IST on BSE on reporting 21.51% slide in net profit to Rs 271.42 crore on 2.21% decline in total income to Rs 1,869.03 crore in Q2 June 2008 over Q2 June 2007.
The company announced the result during trading hours today, 24 July 2008.
The stock hit a high of Rs 599 and a low of Rs 565.40 so far during the day. The stock had a 52-week high of Rs 1,314.85 on 16 October 2007 and a 52-week low of Rs 462 on 4 July 2008.
The company has an equity capital of Rs 187.65 crore. Face value per share is Rs 10. The current price of Rs 570 discounts its Q1 March 2008 annualised EPS of Rs 76.14, by a PE multiple of 7.48.
ACC manufactures ordinary portland cement, fly ash and slag-based cement.
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