Hot Pursuit     22-May-18
Strong Q4 result lift Action Construction Equipment
Action Construction Equipment gained 4.1% to Rs 170.20 at 12:41 IST on BSE, after net profit jumped 921.9% to Rs 21.46 crore on 59.24% rise in total income to Rs 369.91 crore in Q4 March 2018 over Q4 March 2017.
The result was announced after market hours yesterday, 21 May 2018.

Meanwhile, the BSE Sensex was up 87.45 points, or 0.25%, to 34,703.58

On BSE, 75,000 shares were traded in the counter compared with the average daily volume of 86,000 shares in the past two weeks. The stock hit a high of Rs 170.90 and a low of Rs 164.15 so far during the day. The stock had hit a 52-week high of Rs 204.20 on 14 February 2018 and a 52-week low of Rs 57.35 on 11 August 2017.

The small-cap company has an equity capital of Rs 23.46 crore. Face value per share is Rs 2.

Action Construction Equipment is leading material handling and construction equipment manufacturing company with a majority market share in Mobile Cranes and Tower Cranes segment.

Previous News
  Action Construction Equipment to hold AGM
 ( Corporate News - 26-Jul-23   15:55 )
  Action Construction Equipment consolidated net profit rises 56.99% in the September 2021 quarter
 ( Results - Announcements 08-Nov-21   16:23 )
  Action Construction Equipment secures LoI for Knuckle Boom Cranes
 ( Corporate News - 16-Sep-21   12:23 )
  Action Construction Equipments standalone net profit rises 146.64% in the September 2017 quarter
 ( Results - Announcements 11-Nov-17   17:09 )
  Action Construction Equipment consolidated net profit declines 8.24% in the March 2022 quarter
 ( Results - Announcements 23-May-22   17:07 )
  Action Construction Equipment to discuss results
 ( Corporate News - 08-Jun-20   10:31 )
  Action Construction Equipments reports consolidated net loss of Rs 4.29 crore in the June 2020 quarter
 ( Results - Announcements 10-Aug-20   14:25 )
  Action Construction Equipments standalone net profit rises 921.90% in the March 2018 quarter
 ( Results - Announcements 22-May-18   16:25 )
  Action Construction Equipment schedules board meeting
 ( Corporate News - 30-Oct-21   11:40 )
  Action Construction Equipments standalone net profit rises 185.80% in the December 2016 quarter
 ( Results - Announcements 07-Feb-17   17:06 )
  Action Construction Equipment Ltd.: Long-term rating upgraded to [ICRA]AA;short-term rating reaffirmed; outlook revised to Stable
 ( Press Releases - 07-Apr-22   11:41 )
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