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Action Construction Equipment Share Price

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NSEBSE

1434.25-13.25 (-0.92%)

03:49 PM,16th Apr 2024

1435.00-18.00 (-1.24%)

04:01 PM,16th Apr 2024

BSE : 532762

NSE : ACE

Sector : Engineering

ISIN Code : INE731H01025

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Last Updated: Apr 16 2024 | 04:01 PM IST

Market Cap (₹ Cr)

17081

Turnover (₹ Cr)

3.25

Volume (Shares)

226899

Face Value

2

52-WK High

1695.00

52-WK High Date

02 Apr 2024

52-WK Low

399.55

52-WK Low Date

17 Apr 2023

All Time High

1695.00

All Time High Date

02 Apr 2024

All Time Low

7.65

All Time Low Date

04 Sep 2013

Action Construction Equipment Ltd

Action Construction Equipments Limited was incorporated on January 13 1995 as a Public Limited Company. The Company is engaged in the business of manufacturing and marketing of Hydraulic Mobile Cranes Mobile Tower Cranes Crawler cranes Truck mounted Cranes Material Handling equipment like Forklifts Road construction equipment like Backhoe loaders Compactors Motor graders and Agriculture equipment like Tractors Harvesters Rotavators etc. in Haryana. The Company 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 this it started manufacturing of mobile tower cranes and loaders subsequently. During the year 1995-96 the Company has manufactured 110 mobile cranes and for the year 2004-05 the company has manufactured 1146 equipment.The Company concluded its Initial Public Offer (IPO) in September 2006 and its Equity Shares got listed at BSE Limited and NationalStock Exchange of India Limited on September 26 2006.In 2009 the Company acquired 73.90% equity stake in a Romanian Company viz. SC FORMA SA Romania in FY 2006-07. Further in the financial year 2007-08 it further acquired 144781 of SC FORMA SA Romania through FRESTED LIMITED making total No. of shares held by the Company to 89.5% of the total Equity Shares of the SC FORMA SA Romania. During the Financial year 2008-09 the Company also formed a wholly-owned subsidiary Company viz. Action Developers Ltd. The Company started rolling out Tractors from its Dhudholla plant in Faridabad in 2010. In 2010-11 the Company had a wholly owned overseas subsidiary (WOS) Company at Cyprus viz M/s FRESTED LIMITED and through it the Company acquired 89.50% equity stake in a Romanian Company viz. SC FORMA SA Romania which became fellow subsidiary of the Company. During the year 2011-12 ACE Steel Fab Pvt Ltd merged with the Company w.e.f. 1 Oct 2011. Accordingly the Company issued 6055000 Equity shares to the Shareholders of ACE Steelfab Private Ltd consequent to the order received from Hon'ble High Court of Delhi sanctioning the scheme of Amalgamation of ACE Steelfab Private Ltd with the Company.As per the Scheme of Amalgamation sanctioned by the Hon'ble High Court of Punjab and Haryana dated 17th November 2015 18383000 Equity Shares and 30219380 Preference Shares of the Company were issued on 15 March 2016 to the Shareholders of ACE TC Rentals Private Limited in the ratio of 1168 fully paid up equity shares of Rs. 2/- each of the ACE for every 100 fully paid up equity shares of Rs 10/- each of ACE TC Rentals Private Limited (the Transferor Company) and consequently the entire business of ACE TC Rentals Private Limited was transferred to and vested in the Company effective from April 01 2014 the Appointed Date of the Scheme.During the year 2015-16 Company launched new products like skid loaders wheel based harvesters and introduced smart features in its existing product range.

Action Construction Equipment Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

17081

EPS - TTM (₹) [S]

23.64

P/E Ratio (X) [S]

16.50

Face Value (₹) 2
Latest Dividend (%)50.00
Latest Dividend Date 17 Aug 2023
Dividend Yield (%) 0.07
Book Value Share (₹) [S]86.90
P/B Ratio (₹) [S]16.50
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Edelweiss Small Cap Fund - Regular (IDCW) 62.90 440917 2.01
Edelweiss Small Cap Fund - Direct (G) 62.90 440917 2.01
Edelweiss Small Cap Fund - Direct (IDCW) 62.90 440917 2.01
Edelweiss Small Cap Fund - Regular (G) 62.90 440917 2.01
Nippon India Nifty Smallcap 250 Index Fund-D(IDCW) 4.23 29622 0.39
Nippon India Nifty Smallcap 250 Index Fund-Dir (G) 4.23 29622 0.39
Nippon India Nifty Smallcap 250 Index Fund (IDCW) 4.23 29622 0.39
Nippon India Nifty Smallcap 250 Index Fund (G) 4.23 29622 0.39
SBI Nifty Smallcap 250 Index Fund - Regular (G) 2.33 16348 0.39
SBI Nifty Smallcap 250 Index Fund - Direct (G) 2.33 16348 0.39

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Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

1422.40

1457.90

Week Low/High

1388.20

1606.00

Month Low/High

1205.05

1695.00

Year Low/High

399.55

1695.00

All time Low/High

7.85

1695.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-7.61%-7.58%-2.33-2.19%
1 Month15.46%15.56%0.410.57%
3 Month62.88%62.99%-0.250.52%
6 Month103.97%103.67%10.2412.24%
1 Year257.53%257.00%20.7124.23%
3 Year834.97%837.11%49.3851.51%

Company Info

Company Information

Chairman & Managing Director : Vijay Agarwal

E D & Wholetime Director : Mona Agarwal

E D & Wholetime Director : Sorab Agarwal

E D & Wholetime Director : Surbhi Garg

Independent Director : Avinash P Gandhi

Independent Director : Divya Singal

Independent Director : Shriniwas Vashisht

Independent Director : Jagan Nath Chamber

Independent Director : Jagan Nath Chamber

Registered Office: Dhudhola Link Road, Dhudhola,Palwal,Haryana-121102 Ph: 91-1275-280111

Email:cs@ace-cranes.com

URL:http://www.ace-cranes.com