# ACE (ACE) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/ace

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,229.2
- Change: +1.96%
- As of: 2026-09-18
- 1D return: +1.96%
- 5D return: +9.63%
- 1M return: +5.57%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading above key moving averages across daily, weekly, and monthly timeframes, indicating a generally bullish technical stance. Daily momentum appears strong, with the ADX at 28.37 and a positive plus DI (33.83) relative to the minus DI (13.03). The weekly and monthly trends also show bullish Supertrend indicators and strong ADX readings (31.47 and 60.53 respectively), suggesting sustained upward momentum across multiple periods. Recent anomalies include high-severity, upward volume-with-price moves on September 18th (2.87 volume ratio, 3.68 z-score) and September 17th (2.26 volume ratio, 3.05 z-score), suggesting increased investor interest. A weekly "Morning Star" pattern was active as of September 18th. The current price of ₹1229.2 is positioned near the upper end of its recent trading range, with the nearest resistance at ₹1232.2 (0.24% away) and support at ₹1228.2 (-0.08% away). The stock has experienced a current drawdown of -0.21 and a maximum drawdown of -0.52, with annualized volatility at 0.37.

Key watch conditions include monitoring the price action around the immediate resistance level of ₹1232.2. A sustained move above this level, especially with continued strong volume, could signal further upside. Conversely, a break below the nearest support at ₹1228.2, particularly on increased volume, might indicate a short-term pullback. The active weekly "Morning Star" pattern suggests potential for continued strength if subsequent price action confirms its bullish implications.

- The stock is trading above its daily, weekly, and monthly moving averages, with bullish Supertrend indicators across all timeframes as of September 18, 2026.
- Recent high-severity, upward volume-with-price anomalies occurred on September 18th (volume ratio 2.87) and September 17th (volume ratio 2.26).
- The nearest resistance level is ₹1232.2 (0.24% above current price), and the nearest support level is ₹1228.2 (-0.08% below current price).
- A weekly "Morning Star" pattern was active as of September 18, 2026.
- Watch for price action around ₹1232.2 for potential upside continuation or a break below ₹1228.2 as a sign of potential pullback.

- Morning Star
- Bullish Engulfing Reversal
- Outside Bar
- Doji
- Inside Bar
- Bearish Engulfing Reversal

### What Changed

As of September 18, 2026, Action Construction Equipment (ACE) on the NSE saw its price increase to ₹1229.2 from ₹1205.6 on the previous observation date. A recent news report on September 18, 2026, noted that the Nifty faced a crucial test, with price action forming a bullish-bodied candle accompanied by an upper shadow, suggesting profit-taking at higher levels. No new filings were reported for ACE.

- On September 18, 2026, ACE's price was ₹1229.2.
- The previous price for ACE was ₹1205.6.
- A news report on September 18, 2026, indicated profit booking at higher levels in market price action.
- No new filings were reported for ACE as of September 18, 2026.

- Nifty faces a crucial test on Friday: Will recovery continue or support levels give way?

### Official Filings

Action Construction Equipment Limited is preparing for its 32nd Annual General Meeting (AGM) scheduled for September 18, 2026. The company has taken steps to inform shareholders without registered email addresses about the meeting and how to access the Annual Report for the fiscal year 2025-26. The agenda for the AGM includes the adoption of audited financial statements for the year ended March 31, 2026, and a proposed final dividend of ₹2.00 per share. Additionally, shareholders will vote on the re-appointment of Mr. Sorab Agarwal as Executive Director, the ratification of cost auditor remuneration for the fiscal year ending March 31, 2027, and a special resolution to permit loans or investments exceeding limits defined by Section 186 of the Companies Act. The company has also been actively engaging with institutional investors and analysts through a series of one-on-one meetings, both virtual and in-person, throughout September 2026, with various asset management firms and investment funds.

- The 32nd Annual General Meeting (AGM) is scheduled for September 18, 2026, to be held via video conference.
- The proposed agenda for the AGM includes the adoption of audited financial statements for the year ended March 31, 2026.
- A final dividend of ₹2.00 per share is proposed for declaration at the AGM.
- Shareholders will consider the re-appointment of Mr. Sorab Agarwal as Executive Director.
- The company has scheduled multiple meetings with institutional investors and analysts between September 2, 2026, and September 11, 2026.

- Action Construction Equipment Limited has informed the Exchange about Dispatch of letter to shareholders whose e-mail addresses are not registered with Company/Registrar & Transfer Agent/Depositories. |SUBJECT: General Updates
- ACTION CONSTRUCTION EQUIPMENT LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- ACTION CONSTRUCTION EQUIPMENT LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Action Construction Equipment Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Action Construction Equipment Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Action Construction Equipment Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Action Construction Equipment Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Action Construction Equipment Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Action Construction Equipment Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 18-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL

### Fundamentals

Action Construction Equipment (ACE) has demonstrated a significant upward trend in its financial performance, particularly in revenue and profitability, over the historical periods provided. Sales have grown from ₹1,343 crore in FY2019 to ₹2,914 crore in FY2024. This growth has been accompanied by an expansion in Operating Profit Margins (OPM), which increased from 7.0% in FY2019 to 14.0% in FY2024. Consequently, Net Profit has seen substantial growth, rising from ₹56 crore in FY2019 to ₹328 crore in FY2024. The company's cash flow from operations has also shown strength, increasing from ₹72 crore in FY2019 to ₹433 crore in FY2024, with Free Cash Flow also showing a positive trajectory, reaching ₹268 crore in FY2024.

Looking at the balance sheet, borrowings have been significantly reduced from ₹53 crore in March 2019 to ₹4 crore in March 2024, indicating improved financial leverage. Equity Capital has remained stable at ₹24 crore from FY2022 to FY2026, while Reserves have grown considerably from ₹414 crore in March 2019 to ₹1,206 crore in March 2024. Investments have also seen a sharp increase, from ₹45 crore in March 2019 to ₹594 crore in March 2024.

Recent quarterly results for Q3 FY2025-26 project Revenue From Operations at ₹854.63 crore and Profit Before Tax at ₹151.88 crore. For Q4 FY2025-26, projected Revenue From Operations are ₹1,029.49 crore with Profit Before Tax at ₹153.42 crore. The company's Cash Conversion Cycle has moved from positive territory to negative, indicating efficient working capital management, with projections showing it to be -18.0 in March 2025 and -20.0 in March 2026. Key areas to monitor include the continued growth in sales and operating profit, the management of investments and fixed assets, and the trend in the Cash Conversion Cycle.

- Sales grew from ₹1,343 crore in FY2019 to ₹2,914 crore in FY2024.
- Operating Profit Margins (OPM) expanded from 7.0% in FY2019 to 14.0% in FY2024.
- Net Profit increased from ₹56 crore in FY2019 to ₹328 crore in FY2024.
- Borrowings decreased from ₹53 crore in March 2019 to ₹4 crore in March 2024.
- Cash Conversion Cycle is projected to be negative (-18.0 in March 2025, -20.0 in March 2026), indicating efficient working capital management.

### Bull Case

Action Construction Equipment (NSE) has demonstrated a sustained upward trend across multiple timeframes, indicating positive market sentiment. The company's financial performance shows a 5-year compounded sales growth of 22% and a 5-year compounded profit growth of 40%, suggesting a history of expansion. While recent cash flow from operations has decreased, the company has managed its investments, with a reduction in 'Investments' from ₹45 crore in March 2019 to ₹28 crore in March 2020, alongside an increase in 'Fixed Assets' from ₹341 crore to ₹412 crore over the same period, potentially reflecting investment in operational capacity. The balance sheet shows stable 'Equity Capital' at ₹23 crore for both periods, with 'Reserves' increasing from ₹414 crore to ₹420 crore, indicating retained earnings growth.

- The company exhibits a 5-year compounded sales growth of 22% and a 5-year compounded profit growth of 40%.
- Fixed Assets increased from ₹341 crore in March 2019 to ₹412 crore in March 2020.
- Reserves grew from ₹414 crore in March 2019 to ₹420 crore in March 2020.
- Technical indicators show a bullish trend on daily, weekly, and monthly timeframes as of September 18, 2026.

- Nifty faces a crucial test on Friday: Will recovery continue or support levels give way?
- Raja Venkatraman recommends three stocks for 17 September

### Bear Case

Action Construction Equipment's balance sheet shows an increase in borrowings from ₹53 crore in March 2019 to ₹82 crore in March 2020. Concurrently, Cash from Operating Activity decreased to ₹48 crore in March 2020 from ₹72 crore in March 2019, leading to a lower Free Cash Flow of ₹10 crore in March 2020 compared to ₹49 crore in the prior year. The company also experienced a net decrease in cash flow of ₹5 crore in March 2020, contrasting with a net increase of ₹2 crore in March 2019. While sales growth has slowed to 5% on a trailing twelve-month (TTM) basis, profit growth has also decelerated to 3% TTM, down from a 5-year compounded growth rate of 22% for sales and 40% for profit.

- Borrowings increased by ₹29 crore to ₹82 crore between March 2019 and March 2020.
- Cash from Operating Activity declined by ₹24 crore to ₹48 crore for the period ending March 2020.
- Free Cash Flow decreased by ₹39 crore to ₹10 crore for the period ending March 2020.
- Net Cash Flow turned negative, decreasing by ₹7 crore to ₹-5 crore for the period ending March 2020.
- Trailing twelve-month (TTM) sales growth slowed to 5%, compared to a 5-year compounded growth of 22%.
- TTM profit growth slowed to 3%, compared to a 5-year compounded growth of 40%.

- Nifty faces a crucial test on Friday: Will recovery continue or support levels give way?
- Raja Venkatraman recommends three stocks for 17 September

### FAQs

**How has Action Construction Equipment's financial leverage and asset base changed between March 2019 and March 2020?**

Between March 2019 and March 2020, Action Construction Equipment's borrowings increased from ₹53 crore to ₹82 crore. Concurrently, its fixed assets grew from ₹341 crore to ₹412 crore, and its Capital Work-in-Progress (CWIP) rose from ₹8 crore to ₹19 crore. Total assets increased from ₹887 crore to ₹954 crore, while total liabilities also rose from ₹887 crore to ₹954 crore during the same period.

**What has been the trend in Action Construction Equipment's cash flow from operations and free cash flow over the last two fiscal years?**

Action Construction Equipment's cash flow from operating activities decreased from ₹72 crore in the fiscal year ending March 2019 to ₹48 crore in the fiscal year ending March 2020. Similarly, its free cash flow declined from ₹49 crore in March 2019 to ₹10 crore in March 2020. The company's net cash flow also shifted from a positive ₹2 crore in March 2019 to a negative ₹5 crore in March 2020.

**What are the recent technical indicators for Action Construction Equipment as of September 18, 2026?**

As of September 18, 2026, Action Construction Equipment's daily trend indicators show a bullish Supertrend at ₹1089.1, with the closing price at ₹1229.2. The 20-day Exponential Moving Average (EMA) is ₹1141.96, and the 50-day EMA is ₹1096.93, both below the closing price. On a weekly basis, the Supertrend is ₹945.81, also indicating a bullish trend. The stock has experienced a Year-to-Date (YTD) return of 30%.

**What recent corporate announcements has Action Construction Equipment made regarding investor engagement and shareholder information?**

Action Construction Equipment has recently announced its 32nd Annual General Meeting (AGM) scheduled for September 18, 2026. The company has also scheduled several investor meetings, including a virtual one-on-one with M/s DRChoksey FinServ PMS on September 11, 2026, an in-person meeting with Sumitomo Mitsui DS Asset Management (Hong Kong) Limited on September 8, 2026, and a virtual meeting with Matthews International Capital Management on September 9, 2026. Additionally, a virtual meeting with Systematix Asset Management was scheduled for September 8, 2026.

- Nifty faces a crucial test on Friday: Will recovery continue or support levels give way?
- Raja Venkatraman recommends three stocks for 17 September
- Action Construction Equipment Limited has informed the Exchange about Dispatch of letter to shareholders whose e-mail addresses are not registered with Company/Registrar & Transfer Agent/Depositories. |SUBJECT: General Updates
- ACTION CONSTRUCTION EQUIPMENT LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- ACTION CONSTRUCTION EQUIPMENT LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Action Construction Equipment Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,186.6
- Risk regime: Price Risk Requires Attention

### Support levels
- 1228.2015625
- 1182.1
- 1128.351171875

### Resistance levels
- 1275.025
- 1294.35
- 1311.3125

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.96% |
| return_10 | +7.31% |
| return_1m | +3.75% |
| return_1y | +7.34% |
| return_20 | +5.57% |
| return_3m | +25.88% |
| return_5 | +9.63% |
| return_6m | +45.54% |
| return_since_start | -20.84% |
| return_ytd | +30.22% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -51.98% |
| annualized_volatility | +36.56% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Sequential Revenue Decline Offset by Other Income and Inventory Reduction, Profit Rises

Action Construction Equipment Ltd. reported a 20.5% year-on-year increase in revenue from operations to ₹785.68 crore in the quarter ended 30 June 2026, but revenue fell 23.7% from the preceding quarter’s ₹1,029.49 crore. Despite the sharp sequential decline, profit before tax rose 24% year on year and 3.3% sequentially to ₹158.42 crore. A large other income contribution and a favourable inventory adjustment supported profit, more than compensating for the lower revenue.

## Revenue Performance

Revenue from operations was ₹785.68 crore, up from ₹652.08 crore in the corresponding quarter of the previous year. The quarter followed an unusually high Q4 (₹1,029.49 crore), resulting in a 23.7% sequential decline. The Q1 figure is closer to the ₹744.24 crore reported in the second quarter of the previous fiscal year, indicating a return to a lower revenue base after the fourth-quarter spike.

## Profitability

Profit before tax rose to ₹158.42 crore from ₹127.72 crore a year earlier and from ₹153.42 crore in the previous quarter. Profit after tax was ₹119.49 crore, yielding a net profit margin of 15.21%. The margin gain was supported by factors outside core revenue.

## Expense Components and Other Income

The following notable items appeared in the quarter’s income statement:

- **Cost of materials consumed:** ₹599.82 crore  
- **Employee benefit expense:** ₹38.85 crore  
- **Depreciation:** ₹9.14 crore  
- **Finance costs:** ₹4.94 crore  
- **Changes in inventories of finished goods and work-in-progress:** a credit of ₹69.50 crore (negative expense)  
- **Other income:** ₹54.61 crore  

The ₹69.50 crore inventory reduction—reflected as a negative expense—lowered total costs and boosted reported profit. Other income at ₹54.61 crore was a material addition to revenue. Together, these two items provided substantial profit support that offset the sequential revenue decline.

## Finance Costs

Finance costs declined to ₹4.94 crore from ₹8.24 crore in Q1 FY2025-26, a year-on-year reduction of approximately 40%. Sequentially, finance costs increased from ₹3.35 crore in Q4, but the absolute level remains low. No conclusion about the company’s debt position can be drawn from the available figures.

## Key Takeaway

Action Construction Equipment’s Q1 results are characterised by a sharp sequential revenue drop and a simultaneous profit rise. The improvement in profit was driven largely by a reduction in inventory that lowered costs and by a significant other income contribution. Finance costs remained low, but the inventory-driven boost may not recur if production and sales patterns change.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_18092026162025_AGM_Proceding_2026ff_signedtobeuploaded.pdf)
- 2026-09-18 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_18092026163743_chairmanspeech_Signedtoupload.pdf)
- 2026-09-15 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_15092026165108_dispatchletterfinalbse.pdf)
- 2026-09-09 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20260909_171342583.xml)
- 2026-09-06 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20260906_121028656.xml)
- 2026-09-06 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20260906_120939434.xml)
- 2026-09-05 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20260905_161432712.xml)
- 2026-09-05 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_05092026162444_Investor_Meet_08092026_F.pdf)
- 2026-09-04 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_04092026221050_Investor_Meet04092026_F.pdf)
- 2026-08-26 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_26082026120622_Intimation-Newspaper_publication_afterAnnualreportFINAL.pdf)
- 2026-08-25 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_25082026155112_Investor_Meet02092026.pdf)
- 2026-08-24 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2433_WebXMLFile_20260824_174404384.xml)
- 2026-08-24 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_24082026175402_Intimation_NOTICE_2026_ACEstoexchange.pdf)
- 2026-08-23 — Annual Report: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_30558_ACE_2025_2026_A_9806892_24082026175158.pdf)
- 2026-08-22 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_22082026160842_NEWSPAPERINTIMATIONBEFORE.pdf)
- 2026-08-20 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_20082026161411_AGM_Record_date_Book_closure_intimation_BSE_NSE_2026ACE.pdf)
- 2026-08-20 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_20082026162544_AGM_Record_date_Book_closure_intimation_BSE_NSE_2026ACE.pdf)
- 2026-08-20 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_20082026160833_AGM_Record_date_Book_closure_intimation_BSE_NSE_2026ACE.pdf)
- 2026-08-20 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_20082026162356_AGM_Record_date_Book_closure_intimation_BSE_NSE_2026ACE.pdf)
- 2026-08-10 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_10082026100547_plant_visit-12082026.pdf)
- 2026-08-07 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_07082026154807_Investor_Meets_signed.pdf)
- 2026-08-07 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_07082026154920_Investor_Meets_signed.pdf)
- 2026-07-31 — Generic Announcement: Action Construction Equipment Limited is transferring unpaid dividends and corresponding equity shares to the IEPF Authority by October 31, 2026, as per Section 124 of the Companies Act, 2013. Shareholders who have not claimed dividends for seven consecutive years must do so before October 15, 2026, to avoid transfer. Details of affected shareholders and shares are available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_31072026142548_Newspaper-publication_Reminder_iepf.pdf)
- 2026-07-27 — Generic Announcement: Action Construction Equipment Limited has scheduled analyst and investor meetings on July 27, 2026, and subsequent dates. Meetings are planned with TCG AMC, Helios Mutual Fund, Franklin Templeton AMC, Nuvama PCG, Trust Mutual Fund, Ambit AMC, and Groww Mutual Fund, with some taking place virtually. The schedule is subject to change. — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_27072026174827_Investor_Meet__REVISEDDDDD_F.pdf)
- 2026-07-27 — Generic Announcement: Action Construction Equipment Limited has scheduled analyst and investor meetings on July 27, 2026, and subsequent dates. Meetings are planned with TCG AMC, Helios Mutual Fund, Franklin Templeton AMC, Nuvama PCG, Trust Mutual Fund, Ambit AMC, and Groww Mutual Fund, with some taking place virtually. The schedule is subject to change. — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_27072026174356_Investor_Meet__REVISEDDDDD_F.pdf)

## News and market events

- 2026-09-17 — Mint: **Nifty faces a crucial test on Friday: Will recovery continue or support levels give way?** — The price action resulted in the formation of a bullish-bodied candle with an upper shadow, indicating profit booking at higher levels. — [Source](https://www.livemint.com/market/stock-market-news/nifty-faces-a-crucial-test-on-friday-will-recovery-continue-or-support-levels-give-way-11789658462453.html)
- 2026-09-17 — Mint: **Raja Venkatraman recommends three stocks for 17 September** — Market expert Raja Venkatraman shares his top stock picks for 17 September. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-17-september-11789605334535.html)
- 2026-08-24 — MONEYCONTROL: **Trade Spotlight: How should you trade ICICI Bank, Action Construction Equipment, IIFL Finance, DCB Bank, Swiggy, and others on August 24?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,KFin Technologies,DLF,Affle 3i,Action Construction Equipment,IIFL Finance,Kaynes Technology India,DCB Bank,ICICI Bank,Swiggy — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-icici-bank-action-construction-equipment-iifl-finance-dcb-bank-swiggy-and-others-on-august-24-14013454.html)
- 2026-08-04 — MONEYCONTROL: **Trade Spotlight: How should you trade Wockhardt, Rail Vikas Nigam, Siemens, IndiGo, Grasim, Action Construction Equipment, and others on August 4?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,Hindustan Zinc,Wockhardt,Rail Vikas Nigam,Siemens,InterGlobe Aviation,Grasim Industries,Whirlpool of India,Action Construction Equipment,Gland Pharma,Aether Industries — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-wockhardt-rail-vikas-nigam-siemens-indigo-grasim-action-construction-equipment-and-others-on-august-4-13992962.html)
- 2026-07-22 — Mint: **Raja Venkatraman recommends three stocks for 22 July** — Market expert Raja Venkatraman shares his top stock picks for 22 July. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-22-july-sensex-nifty-11784642273357.html)
- 2026-07-21 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty remains volatile; Karur Vysya Bk up 10%** — Sensex Today | Stock Market LIVE Updates: The markets are moving with extreme caution, and the Nifty is trading around 24,250 with limited movement. The Nifty Bank is also relatively flat with a positive bias and has touched the 58,000 mark. Tech Mahindra, IndiGo and Ultratech are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-expiry-today-hdfc-bank-bajaj-auto-paytm-ather-midcaps-share-price-liveblog-19950047.htm)
- 2026-07-20 — The Hindu: **Q1 Results 20th July Highlights: UltraTech profit rises; IOB, KVB and Sobha post strong Q1 growth; Mahindra Logistics, Dynamic Cables, Jaiprakash Power, Shyam Metalics surge** — Q1 Results Today, 20th July 2026 Highlights: Find all the latest Q1 results 2026 updates of UltraTech Cement, Indian Overseas Bank, Authum Investment & Infrastructure, Karur Vysya Bank, Shyam Metalics & Energy, Central Mine Planning & Design Institute, Sobha, Canara HSBC Life Insurance Company, Action Construction Equipment, Jaiprakash Power Ventures, Transformers and Rectifiers India, Bluestone Jewellery and Lifestyle, SG MART, SML Mahindra, Rallis India, Swaraj Engines, Tourism Finance Corpora... — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-highlights-cement-paytm-iob-karur-vysya-bank-shyam-metalics-sobha-jp-power-bluestone-hdfc-bank-kotak-icici-yes-bank-axis-bank-ril-results-20-july-2026/article71241085.ece)

## Business profile

**Strategic vision:** Manufactures and supplies construction and material handling equipment globally.

### Business segments
- **Material Handling Equipment:** Manufactures and supplies a diverse range of material handling equipment including mobile cranes, tower cranes, crawler cranes, and forklifts.
- **Construction Equipment:** Produces and distributes various construction equipment such as backhoe loaders, vibratory rollers, and truck-mounted cranes.
- **Tractors & Harvesters:** Manufactures tractors and harvesters for agricultural and other related applications.

### Competitive strengths
- Extensive product range covering material handling and construction needs.
- Equipment utilized across a wide spectrum of industries and large-scale projects.
- Established manufacturing facilities for substantial equipment production.

## Related stocks

- [360ONE (Financial Services)](https://faxioms.com/stocks/360one) — +1.11%
- [3MINDIA (Diversified)](https://faxioms.com/stocks/3mindia) — +4.81%
- [AADHARHFC](https://faxioms.com/stocks/aadharhfc) — -1.64%
- [AARTIIND](https://faxioms.com/stocks/aartiind) — +1.78%
- [AAVAS](https://faxioms.com/stocks/aavas) — -0.56%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/ace
Markdown representation: https://faxioms.com/stocks/ace?render=md