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1 Comment
Action Construction Equipment Limited is currently in a long term uptrend where the price is trading 65.0% above its 200 day moving average.
From a valuation standpoint, the stock is 79.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.7.
Action Construction Equipment Limited's total revenue rose by 38.4% to $4B since the same quarter in the previous year.
Its net income has increased by 143.2% to $309M since the same quarter in the previous year.
Finally, its free cash flow grew by 77.9% to $-112M since the same quarter in the previous year.
Based on the above factors, Action Construction Equipment Limited gets an overall score of 5/5.
Sector | Industrials |
---|---|
Industry | Farm & Heavy Construction Machinery |
Exchange | NSE |
CurrencyCode | INR |
ISIN | INE731H01025 |
Market Cap | 143B |
---|---|
PE Ratio | 36.58 |
Target Price | 1500.5 |
Beta | 0.76 |
Dividend Yield | 0.2% |
Action Construction Equipment Limited manufactures and sells material handling and construction equipment primarily in India. The company operates through Cranes, Construction Equipment, Material Handling, and Agri Equipment segments. It offers mobile cranes, truck mounted cranes, crawler cranes, rough terrain hydraulic mobile cranes, forklift trucks, mobile tower cranes, tower cranes, piling rigs, concrete placing booms, backhoes and wheeled loaders, road equipment, vibratory rollers, loaders, warehousing equipment, pick and carry cranes, and motor graders; and agriculture equipment, such as tractors, track harvesters, balers, rotavators, etc., as well as other construction equipment. The company rents tower cranes, motor graders, soil compacters, and tandem rollers. Action Construction Equipment Limited serves various infrastructure construction, power projects, ports and shipyards, dams, metro rail, roads, mining, steel industry, engineering industry, railways, cement, petroleum, defense, chemicals and fertilizer plants, warehousing, logistics, and building construction sectors. The company was incorporated in 1995 and is headquartered in Palwal, India.
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