The company declared the results on Saturday, 5 February 2011.

Meanwhile, the BSE Sensex was up 67.03 points, or 0.37%, to 18,075.18.

On BSE, 29,291 shares were traded in the counter compared with the average daily volume of 83,408 shares in the past one quarter.

The stock hit a high of Rs 49.50 and a low of Rs 46.70 so far during the day. The stock had hit a 52-week high of Rs 75.20 on 11 November 2010 and a 52-week low of Rs 35 on 16 February 2010.

The small-cap stock had underperformed the market over the past one month till 4 February 2011, declining 19.58% compared with the Sensex's 12.15% fall. The stock had also underperformed the market in past one quarter, falling 25.99% as against Sensex's decline of 13.81%.

The company has an equity capital of Rs 18.58 crore. Face value per share is Rs 2.

At the time of announcing results, the board of directors of Action Construction Equipment declared an interim dividend of Re 1 per share (50%) for the year ending March 2011.