ResultsBusiness Standard
Action Construction rallies 6% on healthy Q2 results
Positive+98Company event
GreyOak summary
Action Construction Equipment shares surged 6% to ₹1,256 after reporting an 82.4% year-on-year profit increase to ₹164.3 crore in Q2FY27. Revenue grew 18.9% to ₹885.1 crore, driven by a 19.8% rise in core equipment volumes. The company attributed margin expansion to pricing actions and cost efficiencies, with growth expected to continue due to government infrastructure spending.
What it affects
- Action Construction EquipmentACEPositive +98
Shares rallied 6% on healthy Q2 results.Rolling sentiment Positive +62
Source
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