In this article we will provide information of ACC share price in 1992 to 2022. Also discuss ACC share price history in various years.
Along with price history of ACC. Video is attached for ACC cement Harshad Mehta scam done in 1992.
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Acc Share Price from 1992 to 2022
|Year||Share price history per year 1992-2022|
ACC share price in 1992
|Year||Acc share price in 1992|
Acc share price in 1992 was around ₹128. During those days scam was done by Harshad Mehta by manipulating the share price of ACC. Share price starting increasing dramatically even when fundamentals of company was not much strong. In 1992, ACC share attracted lot of new investors because of increasing price and fake hype and demand in the market.
Acc Share price in 2021
|Year||Acc share price in 2021|
Acc share price in 2021 was around 1594 INR. which is almost 15x from 1992 share price of ACC. this company has performed so well over the period of time. Manipulation by Harshad created small troubles in the company but later on by the passage of time company become strong again and started performing very well.
ACC Share Price in 2020
|Year||Acc share price in 2020|
Acc share price in 2020 was around 1578 INR. Company displayed strong comeback after covid-19. In 2020, ACC share price was dipped to low of nearly 950 INR on 27 march when whole Indian stock market was suffering but later on ACC share price came into recovery mode and hit high of 1629 INR by the end of 2020. Amazing isn’t it ?
ACC Stock Rate in 2010
|Year||Acc stock rate in 2010|
Acc share price in 2010 was around 988 rupees. In 2010 ACC share price was around 10x from the price of ACC share in 1992. This cement company has performed very well over the period of time. company understood the demand of cement and created their MOAT in it and created whole eco-system around their product.
ACC highest Share Price
High of nearly ₹2490 (Indian currency) was made by ACC between 1992-2022.
ACC lowest Share Price
Low of nearly ₹75 (Indian currency) was made by ACC during 1992 and 2022.
Demand of Cement in India
Company overview- What is ACC?
ACC stands for The Associated Cement Companies Limited and it one of the largest cement producer in India and stands at 3rd position in manufacturing cement. It was formed on 1st August 1936 in Mumbai by F E Dinsha. In 2004, management control of ACC was taken by Holcim group which is well known swiss company. ACC is not only one company it is made by merging various companies such as-
- The Indian Cement Co. Ltd.
- The Katni Cement and Industrial Co. Ltd.
- Budhi Portland Cement Ltd.
- The Okha Cement Co. Ltd.
- The Gwalior Cement Company Ltd.
- The Punjab Portland Cement
- The United Cement Co. Ltd.
- The Shahabad Cement Co. Ltd.
- The Coimbatore Cement
- The Dewarkhand Cement Co. Ltd.
- The C. P. Cement Co. Ltd.
The whole above information is taken from wiki to help our user to gain knowledge about ACC as well as its share price.
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Harshad Mehta scam 1992
In 1992, major scam was conducted by Harshad Mehta by manipulating the ACC share price which results an increase of ACC share price by 4400% in few months.
During this share price increased from around 127INR to 9000INR.
Overall this scam was around 5000INR and this was listed as one of the biggest scam in history of Indian share market.
What was the share price of ACC in 1992?
ACC share price in 1992 was 127 INR.
Who is the promoter of ACC?
Ambuja Cements, Holderind Investments Ltd and Holcim group are main promoters of ACC.
Is ACC good buy?
Yes, in last quarter company reported profit of around 448.16 Crore in Indian currency after taxes. As per experts ACC price target 2022 is around 2549 INR.
Is ACC large cap?
Yes, Acc is an large cap company with total market cap of over 37,000 crore in Indian currency.
Above tables and data display information about stock price of ACC during the period of 1992 and 2022.
Also Harshad Mehta scam 1992 was discussed above to help our user to get aware of largest scam in stck market India.
Well if you want to know about MRF share price in 1992 to 2022 then must checkout our post.
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