1. Action Const Equip
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100% Buy

Action Const Equip Share Price

ACE

₹1,423.70+₹7.30 (0.52%) TodayLast updated on 09 Dec, 2024 | 15:43 IST

Action Const Equip Share Price Chart

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  • About Action Const Equip
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About Action Const Equip

Action Const Equip Financials

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Market cap
Market Cap Switch₹16,856 Crs
Open
₹1,416.35
Close
₹1,416.40
Circuit range
₹1,699.65 - ₹1,133.15
Day range
₹1,403.10 - ₹1,452.80
Year range
₹780.00 - ₹1,695.00
Volume
2,80,530
Avg. traded
₹1,430.29
Revenue (12m)
₹3,080 Crs
Action Const Equip

Action Construction Equipment (ACE) Limited is a major player in the construction engineering and industrial equipment manufacturing sector. The company is primarily engaged in manufacturing of material handling and construction equipment in India. ACE Limited enjoys a dominant position in the mobile cranes and tower cranes segment.

ACE Ltd was established in 1995. Initially, the company introduced hydraulic cranes in India. In 2005, ACE Constructions turned into a public limited company and it was renamed as Action Construction Equipment (ACE) Limited.

In 2006, the company was among the fastest-growing construction equipment companies in India. In 2007, its Cyprus subsidiary FRESTED Ltd acquired a 73.9% stake in a Romanian company via SC FORMA SA-Romania. In 2008, the company signed a memorandum of understanding (MoU) with a Chinese firm.

In 2009-10, the company started manufacturing tractors and developed advanced technology for big tower cranes. In 2011, the company launched a new construction equipment model, 15XW E. It introduced a new generation of pick-and-carry crane models for the material handling market.
In later years, ACE Limited kept adding new equipment models to their product range. In 2015, the company launched India’s first topless tower crane this year. In 2022, the company launched India’s first electric mobile crane.

ACE Limited’s market capitalisation stood at over ₹13,600 crore, as of February 8, 2024. ACE share price has surged more than 600% in the last three years.

ACE Limited business operations

ACE Limited operates in the field of infrastructure, construction, heavy engineering and industrial projects across the country. The company’s construction and industrial equipment portfolio includes mobile/fixed tower cranes, crawler cranes, truck mounted cranes, lorry loaders, backhoe loaders/loaders, vibratory rollers, forklifts, tractors and harvesters.

ACE Limited’s operations are spread across 37 countries outside India. The company caters to more than 16,000 regular customers from the construction and material handling sectors. The sales network of ACE Limited spans over 100 locations in India alone.

The company has manufacturing facilities in Delhi and Haryana. The production capacity of these facilities is over 12,000 construction equipment and 9,000 tractors annually. The company runs its operations through 21 regional offices and 200 agri dealers across the country. The company also offers high-mobility truck cranes for off-terrain and heavy-lifting applications.

Financial highlights

  • The company’s revenue from operations stood at ₹2,159.68 crore in FY23 as against ₹1,629.58 crore in FY22.
  • Its EBITDA (earnings before interest, tax, depreciation and amortisation) increased 62% year-on-year to ₹262 crore in FY23.
  • The company’s operating profit margin improved to 10.42% in FY23 as against 9.34% in FY22.
  • The company’s profit after tax (PAT) in FY23 increased to ₹173 crore compared to ₹105 crore in FY22.
  • Its earnings per share (EPS) increased to ₹14.41 in FY23 as against ₹9.02 in FY22.

Action Const Equip Key indicators

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52 week high
₹1,695.00
52 week low
₹780.00
P/E ratio
46.12
P/B ratio
12.2
ROE
30.79%
ROCE
42.67%
Dividend yield
0.14%
Debt/Equity ratio
EPS
27.51

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Investment checklist: (4/6)
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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

100%

Hold

0%

Sell

0%

This analysis is based on the reviews of 1 experts in the last 7 days

Action Const Equip Fundamentals

Action Const Equip Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

16.46%

Net profit margin

11.25%

ROE

30.79%

ROA

17.05%

ROCE

42.67%

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Action Const Equip Shareholder returns

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1 day
-0.61%
1 week
+8.28%
1 month
+6.95%
3 months
+12.16%
1 year
+77.34%
3 years
+559.86%
5 years
+1933.60%

Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Action Const Equip Share Price history

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DayOpenCloseChange %
Fri, Dec 6 2024
₹1,430.00
₹1,416.40
-0.61%
Thu, Dec 5 2024
₹1,344.00
₹1,425.15
+6.21%
Wed, Dec 4 2024
₹1,359.00
₹1,341.80
-1.17%
Tue, Dec 3 2024
₹1,360.00
₹1,357.70
+0.27%
Mon, Dec 2 2024
₹1,288.50
₹1,354.00
+3.51%
Fri, Nov 29 2024
₹1,290.00
₹1,308.10
+1.59%
Thu, Nov 28 2024
₹1,294.00
₹1,287.65
-0.36%
Wed, Nov 27 2024
₹1,261.00
₹1,292.25
+2.49%

Action Const Equip Shareholding Pattern

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Promoters (65.41%)

Mutual Funds (0.34%)

Retail and other (22.49%)

Foreign institutions-FII (10.48%)

Other domestic institutions (1.28%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹2/share

    Ex date 19 Aug 2024

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  • Dividend • ₹1/share

    Ex date 17 Aug 2023

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  • Dividend • ₹0.6/share

    Ex date 09 Sep 2022

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FAQs on Action Const Equip

What is the Action Const Equip share price today?

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Action Const Equip share price is ₹ 1,423.70 today.

What is today’s high & low share price of Action Const Equip?

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Action Const Equip share price high: ₹ 1,452.80 and low: ₹ 1,403.10

What is the Action Const Equip share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 1,695.00 and Low Price is ₹ 780.00

What is the Action Const Equip Stock Symbol?

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The Action Const Equip Stock symbol is ACE.

Can I buy Action Const Equip shares on Holidays?

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No, shares of Action Const Equip or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Action Const Equip shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.