Action Construction Equipment Ltd. News and Updates

Name: Latest research reports of Action Construction Equipment Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Action Construction Equipment Ltd.
Rating: 5
Author: ICICI Securities Limited

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Action Construction Equipment Ltd.

07 Jan 2019, 08:42AM

1196.30

0.23%

The art of ACE-ing your office conversations

livemint

In this age of distractions, how do you ensure unwavering attention to your colleagues?

Action Construction Equipment Ltd. is trading below all available SMAs

Action Construction Equipment Ltd.

31 Oct 2018

1196.30

0.23%

Action Construction Equipments

Buy: Action Construction Equipm...

Target

ICICI Securities Limited

EBITDA margins declined 70 bps YoY to 6.2% largely due to impact of higher raw material expense (+50 bps YoY), dollar appreciation (~15% of raw material costs are imported) and oneoff provision of | 4 crore. PAT grew 13% YoY to | 12.4 crore Cranes segment recorded revenue of | 246.3 crore growing 50.6% YoY driven by ~42% increase in volume sold to 1,624 units. Demand stayed strong for forklifts (235 units) and backhoe loaders (80 units) in Q2FY19. EBIT margins declined 76 bps YoY to 8.1% for the cranes segment. Revenue from the agri equipment...

Number of FII/FPI investors increased from 174 to 191 in Mar 2025 qtr.

Action Construction Equipment Ltd.

29 Aug 2018

1196.30

0.23%

ACTION CONSTRUCTION EQUIPMENT LTD

Buy: Action Construction Equipm...

Joindre Capital Services

ACCE is a leading manufacturer of mobile cranes (63% market share) and tower cranes (60%) in India. ACCE also caters to a large clientele base, (with over 15000 customers) which includes major Indian as well as international players such as Reliance, L&T;, BSES, BHEL, Gammon, NCC, Gujarat Ambuja, IISCO, Simplex, Coal India, etc & its products are used in sectors like infrastructure, construction, roads, engineering, coal mines, chemical and fertilizer plants, power stations, ports, heavy project engineering,...

Number of FII/FPI investors increased from 174 to 191 in Mar 2025 qtr.

Action Construction Equipment Ltd.

07 Aug 2018

1196.30

0.23%

Action Construction Equipments

Buy: Action Construction Equipm...

Target

ICICI Securities Limited

Action Construction Equipment (ACE) reported a solid Q1FY19 wherein revenues grew ~78% YoY to | 336.2 crore partly driven by higher realisation profile, robust growth across all segments. EBITDA margin improved 300 bps YoY to 8.0% largely due to benefits of operating leverage as a result of higher capacity utilisation across segments. PAT grew ~4.4x to | 16.7 crore Cranes segment recorded revenue of | 245.7 crore growing 78.5% YoY driven by ~79% increase in volume sold to ~1,700...

Action Construction Equipment Ltd. is trading below all available SMAs

Action Construction Equipment Ltd.

23 May 2018

1196.30

0.23%

Action Construction Equipment

Buy: Action Construction Equipm...

ICICI Securities Limited

Action Construction (ACE) reported a strong Q4FY18 wherein revenue grew ~60% YoY to | 367.5 crore driven by growth across all segments. EBITDA margin rose 643 bps YoY to 10.4% largely driven by higher capacity utilisation leading to benefit of operating leverage while PAT grew ~8.9x to | 21.5 crore FY18 revenues rose ~45% YoY to | 1087 crore, EBITDA grew over 2.3x to | 91.5 crore while PAT grew 3.5x to | 53.4 crore. Cranes segment recorded revenue of | 749 crore growing 51%...

Action Construction .. has an average target of 1609.00 from 3 brokers.

Action Construction Equipment Ltd.

25 Jan 2018

1196.30

0.23%

Action Construction Equipment

Buy: Action Construction Equipm...

Target

ICICI Securities Limited

Action Construction Equipment (ACE) with its established brand name ACE has expertise in manufacturing diverse product profile like cranes, loaders, forklifts, tractors and other construction equipment across India's agriculture, infrastructure and construction space. Buoyed by tailwinds in its operating segments, the company posted stellar numbers for the quarter. The 9MFY18 revenues grew at a robust pace of 32% YoY at ~| 737 crore while PAT grew 152% YoY at | 31.18 crore....

Action Construction Equipment Ltd. is trading below all available SMAs

Action Construction Equipment Ltd.

18 Jan 2018

1196.30

0.23%

ISME ACE plans to create 100-crore fintech fund

Business Line

ISME ACE, an accelerator for fintech start-ups, plans to set up a 100-crore fund that will be used for leading investments in disruptive start-ups. The plan is to raise the fund from various...

Action Construction .. has an average target of 1609.00 from 3 brokers.

Action Construction Equipment Ltd.

24 Nov 2017

1196.30

0.23%

Action Construction zooms over 100% in one month; stock hits new high

Business Standard

The stock hit a new high of Rs 156, up 10% on the BSE, extending its 60% surge in past two weeks.

Number of FII/FPI investors increased from 174 to 191 in Mar 2025 qtr.

Action Construction Equipment Ltd.

20 Nov 2017

1196.30

0.23%

Electronics appliance market set to grow at 10% CAGR by 2022: study

Business Line

TheIndian ACE (Appliance and Consumer Electronics) market is expected to grow by 10 per cent CAGR approximately by 2022, according to PwC's report Championing change in the Indian appliance and...

Action Construction Equipment Ltd. is trading below all available SMAs

Action Construction Equipment Ltd.

20 Nov 2017

1196.30

0.23%

Action Construction nears record high on promoters' stake buy

Business Standard

The stock surged 18% to Rs 131, extending 6% gain in past two trading sessions, after promoters of the company increased their holdings through open market.