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The stock quoted a 52-week high price of Rs 3013.0 and low of Rs 1555.9.

At the interbank foreign exchange, the rupee opened flat at 74.90 against the US dollar, then slipped further to 75.05, registering a decline of 21 paise from the last close.

As of 31-Dec-2021, promoters held 0.0 per cent stake in the company, while FIIs held 25.07 per cent and domestic institutional investors had 12.68 per cent.

ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 43453.97 Crore) operating in Cement sector.

Global cues were firm, helping the BSE Sensex rise 148.16 points or 0.25 per cent to 58,614.13 in early trade. The NSE Nifty50 stood at 17,530.35, up 66.55 points or 0.38 per cent

"ETF investors have also moved to side-lines after recent inflows. Gold has continued to rise indicating buying interest however it may halt as US inflation data today may add to expectations that Fed may act soon," said Ravindra Rao, CMT, EPAT, VP- Head Commodity Research.

“On the inflation side, this quarter we believe that we are going to be right at that upper edge of the inflation target band. We are expecting to see prints between 5.7% and 6%. We expect policy action in April and we expect to see two repo rate hikes of 25 bps each in June and in August.”

The stock traded at a P/E multiple of 7.51, while the price-to-book value ratio stood at 2.36.

The Nifty Auto index was trading 0.28 per cent down at 11647.25.

“The market is adjusting to higher rates which is showing growth and rates cannot go without sync. We are well poised to go back to 18,000 next week. Results have been great and even standouts and now there is enough cushion on the legs with the downside in IT, pharma.”