This article will give information about ACC share prices in 1992 to 2022. We will also discuss the ACC share price history over various years.
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|Year||Share price history per year 1992-2022|
|Year||Acc share price in 1992|
In 1992, the Acc share price was Rs127. Harshad Mehta, who manipulated the share price at ACC, committed a fraud during those days. Even though the company’s fundamentals were not strong, share prices began to rise dramatically. ACC shares attracted a lot of investors in 1992 due to their rising price and the fake hype and high demand.
|Year||Acc share price in 2021|
The 2021 share price of Acc was 1596 INR. This is close to 15x the 1992 ACC share price. This company has been performing so well for a long time. Harshad’s manipulation caused some small problems in the company, but the company grew stronger over time and began to perform well.
|Year||Acc share price in 2020|
In 2020, Acc shares were worth around 1577 INR. After covid-19, the company made a strong comeback. 2020: ACC share price dropped to a low of almost 950 INR on February 27, 2020 when the entire Indian stock market was in turmoil. However, ACC share prices recovered and reached a high of 1629 INR at the end 2020. It’s amazing, isn’t it?
2010 ACC Stock Rate
|Year||Acc stock rate in 2010|
The 2010 Acc share price was 989 rupees. The 2010 ACC share price was approximately 10x the 1992 ACC share price. The cement company has done very well in this time period. company realized the need for cement and designed their MOAT in it. They also created an entire eco-system around this product.
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ACC made a high of almost Rs2490 (Indian money) between 1992 and 2022.
ACC made a low of almost Rs75 (Indian currency), between 1992 and 2022.
India’s Cement Demand
Overview of the company – What is ACC?
ACC stands to represent The Associated Cement Companies Limited. It is India’s largest cement producer and ranks 3rd in cement manufacturing. F E Dinsha founded it in Mumbai on the 1st of August 1936. Holcim, a well-known swiss firm, took control of ACC’s management in 2004. ACC is more than one company. It is created by merging several companies, such as:
- The Indian Cement Co. Ltd.
- The Katni Cement and Industrial Co. Ltd.
- Budhi Portland Cement Ltd.
- The Okha Cement Co. Ltd.
- 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.
All the above information was taken from wiki in order to assist our users in learning more about ACC and its share price.
Harshad Mehta scam 1992
Harshad Mehta, a major fraudster, manipulated the ACC share prices in 1992. This resulted in an increase of 4400% in ACC shares price within a few months.
This increase in share price was between 127INR and 9000INR.
This scam cost approximately 5000INR, and was named as the largest indian share market scam history.
FAQ of the ACC
In 1992, the ACC share price was 127 INR.
Who is the promoter for ACC?
ACC is promoted primarily by Ambuja Cements and Holderind Investments Ltd.
Is ACC a good investment?
Yes, the company reported profit of approximately 448.16 crore in Indian currency after taxes in the last quarter. Experts estimate that the ACC price target for 2022 will be around 2549 INR.
What is the ACC’s large cap?
Yes, Acc is a large-cap company with a total market capital of more than 37,000 crores in Indian currency.
Below are data and tables that provide information on the stock price of ACC between 1992 and 2022.
Harshad Mehta scam 1992 was also discussed to inform our users about the largest scams in the stock market in India.
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