1212.0000 11.90 (0.99%)
NSE Jul 10, 2025 15:31 PM
Volume: 118.6K
 

1212.00
0.99%
ICICI Securities Limited
Action Construction Equipment (ACE) reported a weak Q3FY19 performance wherein revenues grew ~30% YoY to | 362.6 crore mainly driven by robust growth in cranes & tractors i.e. agriequipment segment EBITDA margin fell ~250 bps YoY to 7.2% largely due to impact of higher steel prices (COGS, up ~460 bps YoY), offset by operational efficiencies due to incremental demand growth. EBITDA was at | 26 crore, down 4.1% YoY. PAT de-grew 9.4% YoY to | 14.9 crore Cranes segment recorded revenue of | 249.2 crore growing 34.6%...
Action Construction .. has an average target of 1609.00 from 3 brokers.
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