Shares of ACC Limited experienced a sharp decline of 10.83% today, closing at Rs 1,949. This steep drop caused the company’s market capitalization to shrink by approximately Rs 4,440 crore, bringing the total market cap to Rs 36,599.74 crore.
Key Trading Highlights:
- Previous Close: Rs 2,185.70
- Today’s High: Rs 2,039.00
- Today’s Low: Rs 1,868.20
- Traded Volume: 17.68 lakh shares
- Traded Value: Rs 338.59 crore
52-Week Performance:
- 52-Week High: Rs 2,844.00 (July 2, 2024)
- 52-Week Low: Rs 1,803.00 (November 22, 2023)
Sector Outlook:
The broader cement sector continues to face challenges due to rising input costs and fluctuating demand in the infrastructure and real estate segments. ACC’s sharp fall today reflects market concerns over these prevailing headwinds, coupled with broader market volatility.
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