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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.
Industry | Farm & Heavy Construction Machinery |
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Sector | Industrials |
ISIN | INE731H01025 |
CurrencyCode | INR |
Exchange | NSE |
Market Cap | 48B |
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Beta | 1.32 |
Dividend Yield | 0.2% |
Target Price | 383.33 |
PE Ratio | 30.0 |
Action Construction Equipment Limited manufactures and sells material handling and construction equipment primarily in India. The company operates through four segments: Cranes, Construction Equipment, Material Handling, and Agri Equipment. It offers concrete placing booms, crawler cranes, forklift trucks, backhoes and wheeled loaders, pick and carry cranes, mobile tower cranes, piling rigs, motor graders, tower cranes, vibratory rollers, truck mounted cranes, and warehousing equipment; and agriculture equipment, such as tractors, harvesters, balers, rotavators, etc., as well as other construction equipment. The company also rents tower cranes, motor graders, soil compacters, and tandem rollers. It 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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