Atul Auto is trading at an all-time high, which demonstrates the strong upward momentum of the stock. After testing the neckline of a Rounding Bottom pattern, the stock experienced an upward bounce. The breakout occurred on October 10, 2022.

Hot Stocks | Atul Auto, Action Construction Equipment, KPIT Technologies can give at least 15% return in short term, here’s why

Action Construction Equipment consolidated net profit rises 69.92% in the December 2022 quarter

Action Construction Equipment (ACE) advanced 1.92% to Rs 316 after the company said that it has received an order for the supply of cranes from DRDO, Ministry of Defence (MoD).

ACE rises on bagging crane supply order from Defence Ministry

Action Construction Equipment has been moving in a particular range for more than a week now, especially after rising more than 20 percent from the low of December 26, 2022.

Action Construction Equipment gains 2% after defence ministry orders special mobile cranes

ICICI Direct is bullish on Action Construction Equipment recommended buy rating on the stock with a target price of Rs 385 in its research report dated November 11, 2022.

Buy Action Construction Equipment; target of Rs 385: ICICI Direct

Emkay Global Financial is bullish on Action Construction Equipment has recommended buy rating on the stock with a target price of Rs 345 in its research report dated November 11, 2022.

Buy Action Construction Equipment; target of Rs 345: Emkay Global Financial

Action Construction Equipment consolidated net profit rises 48.21% in the September 2022 quarter

ICICI Direct is bullish on Action Construction Equipment has recommended buy rating on the stock with a target price of Rs 365 in its research report dated September 07, 2022.

Buy Action Construction Equipment; target of Rs 365: ICICI Direct

The expansion of the public and private infrastructure, FDI reforms for the construction industry, highway projects, and an expanding economy have all contributed to the worldwide boom in India’s market for construction equipment

Action Construction Equipment stock up by 39% in the past one month

Tata Teleservices (Maharashtra) Ltd, Reliance Power Ltd, Valiant Organics Ltd and Action Construction Equipment Ltd are among the other gainers in the BSE’s ‘A’ group today, 02 September 2022.

EIH Ltd leads gainers in ‘A’ group

Sorab Agarwal, Executive Director, Action Construction Equipment speaks on the company's business outlook. Listen in

#actionconstructionequipment #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday #n18oc_business

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.

You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action: https://www.cnbctv18.com/market/stocks/live-blog

Follow experts on the most vital topics: https://www.cnbctv18.com/expert-views/

Subscribe to our daily newsletter: https://www.cnbctv18.com/newsletter/



Subscribe to our Channel: https://tinyurl.com/y6rvugay

Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News

Sorab Agarwal Speaks On  Action Construction Equipment's Business Outlook | Trading Hour | CNBC-TV18

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Action Construction Equipment Ltd. is a material handling and construction equipment manufacturing company that operates through segments, including cranes, material handling/construction equipment, and agri equipment.