1056.6000 -15.60 (-1.45%)
NSE Sep 05, 2025 15:31 PM
Volume: 411.3K
 

1056.60
-1.45%
ICICI Securities Limited
Action's Q1FY21 performance was dire as the company registered a loss. Crane segment (~70% of revenue in FY20) was the worst hit due to standstill in infrastructure activities. Revenue for the quarter was at | 100.9 crore, down 65.6% YoY. Crane segment revenue was at | 49.8 crore, down 77% YoY. Total crane volumes were at ~299 units vs. ~1316 units in Q1FY20. Gross margins expanded ~160 bps YoY on account of lower input costs & trade purchases. However, unabsorbed fixed overheads led ACE to report an EBIDTA loss of | 3 lakh. On the expenses side, employee expenses...
Action Construction Equipment Ltd. is trading above its 30 day SMA of 1055.9
More from Action Constructi…
All earning calls
Investor presentations from Action Constructi…
All investor presentations