Sep 26, 2023 04:01 PM
Automobile Corporation Of Goa Ltd
SECTOR : Auto Ancillaries | BSE :505036 | NSE : AUTOCORP
Equity Capital: 193.70 Cr FV: 10.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 19,065.79 | -9,437.36 |
LAST 3M | 44,357.20 | 798.63 |
LAST 6M | 53,246.77 | 148,781.31 |
LAST 12M | 139,937.47 | 156,258.51 |
Date | Action Type | Ratio |
---|---|---|
Jun 19, 2023 | Dividend | 150 |
Feb 01, 2023 | Dividend | 25 |
Jointly promoted by the Economic Development Corporation of Goa (EDC) and TELCO, the Automobile Corporation of Goa, is a major supplier of pressed parts and bus bodies to TELCO. In 1984-85, demand picked up, resulting in higher capacity utilisation and the company turned around, netting a profit of slightly over Rs 1 cr. Continuing the process, it added new components for various models of Tata vehicles. Its present products have also been improved through the value-addition, resulting in a noticeable improvement. With the automobile industry maintaining the tempo, ACGL is poised for better days. In fact, with Telco projecting a significant increase in production over the next five years, ACGL is gearing up to meet this increased demand. Further, the growing prosperity of potential consumers and the increasing number of comfort-seeking travellers augurs well for the bus body division. In future, Tata vehicles will also be fitted with Cummins engines, to meet international regulations, boosting the company`s export potential. So, with improved prospects on both domestic and the export fronts, ACGL can look forward to improved capacity utilisation in the bus division. Last but not the least, ACGL`s ownership pattern witnessed certain major changes recently. Tata Exports bought a significant portion of the equity stake (around 21%) from EDC and is now he single largest shareholder. Together with the 10% holding of TELCO, the Tata group companies now have nearly a 31% stake in the company. The company plans to introduce the monocoque bus project, which is expected to be commissioned over the next two years. The company has received GOI approval for a technical collaboration agreement with Neway Anchorlok International Inc, Muskegon , USA to manufacture the NAI branded Air Suspension Systems in India. The company also entered into an Memorandum of Understanding with Piaggio Greaves Vehicles Ltd to fabricate and supply complete delivery cab for their modern range of three wheeler delivery vehicle.
Honda, , Sattari, Goa, 403530
Tel | : | 91-0832-6731111/6731215 |
: | sectl:acglgoa.com | |
Website | : | http://www.acglgoa.com |
TSR Consultants P Ltd
AGM Date (Month) | : | Jun |
Face Value Equity Shares | : | 10 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 505036 |
NSE Code | : | AUTOCORP |
Book Closure Date (Month) | : | |
BSE Group | : | X |
ISIN | : | INE451C01013 |
You can buy Automobile Corporation Of Goa Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Automobile Corporation Of Goa Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 26, 2023 04:01 PM the closing price of Automobile Corporation Of Goa Ltd was ₹ 1,442.00.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 26, 2023 04:01 PM, the market cap of Automobile Corporation Of Goa Ltd stood at ₹ 878.03.
The latest PE ratio of Automobile Corporation Of Goa Ltd as of Sep 26, 2023 04:01 PM is 31.67
The latest PB ratio of Automobile Corporation Of Goa Ltd as of Sep 26, 2023 04:01 PM is 0.22
The 52-week high of Automobile Corporation Of Goa Ltd is ₹ 1,655.00 while the 52-week low is ₹ 661.20