NSE: ACE | BSE: 532762

Mid-range Performer

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1080.10 -33.90 (-3.04%)

32.49% Fall from 52W High

295.0K NSE+BSE Volume

NSE 26 Sep, 2025 3:31 PM (IST)

12,862.2

Market Cap

Below industry Median

1.3

Beta 1Year

Very High Volatility

Action Construction Equipment Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ACE, BSE:532762 Action Construction Equipment Ltd.

Action Construction Equipment Ltd.

23 May 2018

1080.10

-3.04%

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 1435.00 from 2 brokers.

Action Construction Equipment Ltd.

25 Jan 2018

1080.10

-3.04%

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 above its 30 day SMA of 1078.4

Action Construction Equipment Ltd.

20 Nov 2017

1080.10

-3.04%

Action Construction Equipment

Buy: Action Construction Equipm...

ICICI Securities Limited

Action Construction Equipment (ACE) has reported its Q2FY18 results. The company managed a robust topline growth of 40% YoY. Positive operating leverage at play resulted in a higher than anticipated growth of bottomline at 144%. Segmental profits were led by the cranes segment and boosted by a turnaround in the agri equipment segment. Focussed on catering to anticipated demand Considering the recent robust operational performance delivered by the company, we revise our estimates higher for ACE across all segments....

Action Construction .. has an average target of 1435.00 from 2 brokers.

Action Construction Equipment Ltd.

09 Jun 2017

1080.10

-3.04%

Action Construction Equipment - Maintaining its case as infra proxy play

Buy: Action Construction Equipm...

Target

LKP Securities

571 units in FY16 to 846 units in FY17. This helped the company to augment its MHCE revenues by a significant 62.1% from 626 mn in FY16 to 1,015 mn in FY17, thereby posting an operational profit of 63 mn in FY17 vis-a-vis a loss of 7 mn in FY16....

Action Construction Equipment Ltd. is trading below its 50 day SMA of 1085.0

Action Construction Equipment Ltd.

17 Feb 2017

1080.10

-3.04%

ACE Pick: Dilip Buildcon

Buy: Action Construction Equipm...

Axis Direct

Key argument: Excellent execution track record, Large equipment bank & minimal sub-contracting

Action Construction Equipment Ltd. is trading below its 50 day SMA of 1085.0

Action Construction Equipment Ltd.

14 Nov 2016

1080.10

-3.04%

Action Construction Equipment - Pick up in infra cycle to lift performance

Buy: Action Construction Equipm...

LKP Securities

enabled ACE to clock ~ 57.2 % growth in its EBITDA from 125 mn in H1FY16 to 197 mn in H1FY17. In spite of a slight rise in depreciation, mainly attributable to the ACE merger with ACE TC Rental Pvt Ltd and a fall in other income, the company has benefited from a low base as the...

Action Construction Equipment Ltd. is trading above its 30 day SMA of 1078.4

Action Construction Equipment Ltd.

21 Jul 2016

1080.10

-3.04%

Action Construction Equipment - Initiating Coverage

Buy: Action Construction Equipm...

LKP Securities

Action Construction Equipment (ACE) is one of the leading material handling & construction equipment manufacturing companies in India. Its money spinner is its crane division which boasts a market share of ~ 60% in both mobile cranes & tower cranes segments. It also possesses manufacturing capabilities to make crawler cranes, truck mounted cranes, lorry loaders, backhoe loaders, vibratory rollers, forklifts & other construction equipment. It is an emerging agriculture equipment manufacturer as well where it produces & sells tractors, harvest combines, rice planters, balers & rotavators. Its production facilities are located in the industrial township of Faridabad. LKP Securities initiate coverage on ACE with a BUY rating and a 18 month price objective of ? 75.

Trendlyne has 1 report on ACE updated in the last year from 1 broker with an average target of Rs 75.

Action Construction .. has an average target of 1435.00 from 2 brokers.

Is Action Construction Equipment Ltd. worth buying?

357 Votes:

Buy 84.03%

Sell 8.4%

Hold 7.56%

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