1118.9000 6.20 (0.56%)
NSE Sep 12, 2025 15:31 PM
Volume: 291.0K
 

1118.90
0.56%
ICICI Securities Limited
Action Construction (ACE) reported a weak Q4FY19 performance wherein topline, EBITDA, PAT de-grew 18.5%, 37.8%, 43.1% respectively, YoY. The topline mainly got impacted by cranes & tractors i.e. agri-equipment segment. EBITDA margins declined ~250 bps YoY to 7.9% largely due to impact of higher steel prices (COGS, up ~260 bps YoY) while higher employee expenses were offset by lower other operational expenses. Overall, EBITDA, PAT were at | 23.9 crore, | 12.2 crore, respectively. Softened demand for cranes led revenue for cranes segment down 15.1%...
Action Construction Equipment Ltd. is trading below its 100 day SMA of 1160.6
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