Buy Action Construction Equipment; target of Rs 290: ICICI Direct
ICICI Direct is bullish on Action Construction Equipment has recommended buy rating on the stock with a target price of Rs 290 in its research report dated February 07, 2021. Q3FY22 Quarterly Result Announced for Action Construction Equipment Ltd.
Construction & Engineering company Action Construction Equipment declares Q3FY22 result: The company achieved its highest ever Q3 Revenues and the second best quarterly financial performance in its history. ACE continued to post robust topline growth due to sustained customer focus. The operational revenue grew by 9% on a YoY basis and 21% on QoQ basis. Strong Revenue growth across all segments: Cranes grew by 11.5 % QoQ Construction Equipment Segment grew by 19% QoQ Material Handling Equipment grew by 15% QoQ Agri Equipment grew by 83% QoQ ACE expanded its business in the Defence Sector by getting an order for supply of Special Mobile Cranes to Defence R&D; organization and also received an order for supply of Special Truck mounted Multi-function machines by Dakshin Haryana Bijli Vitran Nigam. Going forward, the allocation towards capital expenditure and infrastructure layout including the PM Gati Shakti initiative augurs well for demand, however, we anticipate inflation to continue in Q4-FY22 which may put the margins under pressure. Result PDF ACTION CONSTRUCTION EQUIPMENT LTD. - 532762 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulations 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith, copies of the newspaper advertisement published in the FINANCIAL EXPRESS (English) and JANSATTA (Hindi) on February 06, 2022 for the Un-Audited Financial Results for the quarter/ Nine Months ended December 31, 2021 ACTION CONSTRUCTION EQUIPMENT LTD. - 532762 - Earnings Presentation-9M/Q3-FY22
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith, earnings presentation (Q3-FY22) of the Company. ACTION CONSTRUCTION EQUIPMENT LTD. - 532762 - Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Nine Months Ended On December 31, 2021.
Pursuant to the Regulation 33 and Regulation 30 read with Para A of Part A of schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors in its meeting held on Saturday, 05th February, 2022 has, inter-alia considered, approved and taken on record the Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended on December 31, 2021. Copy of the Un-audited financial results (Standalone and Consolidated) along with the limited review reports (Standalone and Consolidated) of the Auditors' for the quarter/nine months ended 31st December, 2021 in the prescribed format is enclosed herewith. ACTION CONSTRUCTION EQUIPMENT LTD. - 532762 - Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday, 05Th February, 2022
Pursuant to the Regulation 33 and Regulation 30 read with Para A of Part A of schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors in its meeting held on Saturday, 05th February, 2022 has, inter-alia considered, approved and taken on record the Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended on December 31, 2021. Copy of the Un-audited financial results (Standalone and Consolidated) along with the limited review reports (Standalone and Consolidated) of the Auditors' for the quarter/nine months ended 31st December, 2021 in the prescribed format is enclosed herewith. ACTION CONSTRUCTION EQUIPMENT LTD. - 532762 - Intimation Of Scheduled Conference Call Meeting
We attach herewith a communication on the schedule of conference call meeting on Monday, February 07, 2022 at 02:00 PM (IST) post the announcement of Q3FY22 results on February 05, 2022. This is for your information and record please. ACTION CONSTRUCTION EQUIPMENT LTD. - 532762 - Board Meeting Intimation for Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter/Nine Months Ended On December 31, 2021
ACTION CONSTRUCTION EQUIPMENT LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2022 ,inter alia, to consider and approve and take on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter/nine months ended on December 31, 2021 ACTION CONSTRUCTION EQUIPMENT LTD. - 532762 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed herewith the copy of certificate issued by our Registrar and Share Transfer Agents M/s Skyline Financial Services Private Limited pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended on December 31, 2021. ACTION CONSTRUCTION EQUIPMENT LTD. - 532762 - Statement Of Investor Complaints For The Quarter Ended December 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0110 Name of the Signatory :- ANIL KUMARDesignation :- Company Secretary and Compliance Officer