# Action Construction Equipment (ACE) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,167.7
- Change: +3.55%
- As of: 2026-11-06
- 1D return: +3.55%
- 5D return: +17.39%
- 1M return: -1.03%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

ACE (₹1,131.45) shows a mixed technical picture as of 2026-11-05, characterized by strong monthly momentum but conflicting daily signals. The monthly trend is robust, with an ADX of 55.07 and price trading above all key moving averages and the Supertrend. However, the daily setup is nuanced: while the price remains above the 20-period EMA, 50-period EMA, and Supertrend, it is currently below the 50-period SMA, indicating short-term resistance. Daily trend strength is established (ADX 27.88), supported by recent upward gaps on 2026-11-03 and 2026-11-05.

Price positioning is in the upper-middle of its 252-day range (+73.9%) but near the middle of its 20-day range (+56.2%). Immediate resistance lies at ₹1,139.40 (0.70% above), followed by ₹1,153.75. Support is closely located at ₹1,128.35 (0.27% below). Volatility is elevated, with annualized volatility at +36.6% and an ATR of 4.06%. The stock carries a current drawdown of -27.5% from its available high. Confirmation of continued upside requires holding above the 50-period SMA and breaking the immediate ₹1,139.40 resistance; failure to do so may lead to a retest of the ₹1,128.35 support level.

- Trend Divergence: Monthly trend is strong (ADX 55.07, price above all MAs/Supertrend), while daily trend is mixed (price above 20/50 EMAs and Supertrend, but below 50 SMA).
- Key Levels: Immediate resistance at ₹1,139.40 (0.70% above); next resistance at ₹1,153.75 (1.97% above). Immediate support at ₹1,128.35 (0.27% below).
- Momentum & Volatility: Recent upward gaps on 2026-11-03 and 2026-11-05 signal bullish pressure. Annualized volatility is high at +36.6%, with an ATR of 4.06%.
- Range Position: Trading in the upper-middle of the 252-day range (+73.9%) but near the midpoint of the 20-day range (+56.2%). Current drawdown is -27.5%.

- Bullish Engulfing Reversal
- Outside Bar
- Bearish Engulfing Reversal

### What Changed

Action Construction Equipment (ACE) has scheduled an Analyst and Institutional Investor Meet for November 17, 2026, at the Avendus Spark INDX Annual Investor Conference in Mumbai. The event, commencing at 10:00 A.M., will feature both one-on-one and group sessions with market participants. This announcement follows a price observation on November 5, 2026, where ACE shares closed at ₹1,131.45, up from ₹1,104.75 on the previous trading day. While specific financial metrics or strategic updates were not disclosed in the filing, the upcoming conference provides a structured opportunity for institutional engagement and potential disclosure of management commentary.

- Event: ACE to participate in the Avendus Spark INDX Annual Investor Conference on November 17, 2026, at 10:00 A.M. in Mumbai.
- Format: The meet includes one-on-one and group sessions with analysts and institutional investors.
- Price Context: Shares traded at ₹1,131.45 as of November 5, 2026, reflecting a rise from the prior close of ₹1,104.75.

- [Action Construction Equipment Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ACE_06112026123416_Investor_Meet.pdf)

### Fundamentals

Action Construction Equipment (ACE) demonstrates resilient earnings quality despite a recent deceleration in top-line growth. For the trailing twelve months (TTM), sales stood at ₹3,414 crore with a modest 5% compounded annual growth rate, while net profit grew to ₹437 crore, supported by strong historical returns on equity of 23% over the last year and ROCE of 32% as of March 2026.

The most significant operational shift is visible in working capital efficiency. The cash conversion cycle improved markedly from -4 days in March 2024 to -20 days in March 2026, driven primarily by an expansion in Days Payable (from 124 to 151 days) which offsets rising Debtor Days (29 to 32 days). This suggests effective management of supplier credit. Cash flow from operations remained robust at ₹417 crore for March 2026, converting 114% of operating profit into cash. Balance sheet health is solid with zero borrowings reported for March 2026 and fixed assets growing to ₹781 crore, indicating ongoing capacity expansion through capital expenditure.

In the latest quarterly disclosure (Q1 FY2026-27), revenue declined sequentially to ₹785.68 crore from ₹1,029.49 crore in Q4 FY2025-26, yet Profit Before Tax increased slightly to ₹158.42 crore. This divergence highlights margin resilience or cost discipline during lower-volume periods. Promoter holding remains stable at 65.42%, while FIIs reduced their stake to 8.46% in September 2026.

- Earnings Quality: TTM Net Profit reached ₹437 crore against Sales of ₹3,414 crore, with CFO/EBITDA conversion at 114% for March 2026, confirming high cash generation efficiency.
- Working Capital Shift: Cash Conversion Cycle improved to -20 days (March 2026) from -4 days (March 2024), largely due to Days Payable increasing to 151 days, offsetting higher Debtor Days of 32 days.
- Recent Quarterly Divergence: In Q1 FY2026-27, sequential revenue fell to ₹785.68 crore from ₹1,029.49 crore, but Profit Before Tax rose to ₹158.42 crore, suggesting margin stability or expense control.
- Balance Sheet Strength: Borrowings are nil as of March 2026; Fixed Assets grew to ₹781 crore and Investments to ₹1,283 crore, reflecting continued capital deployment without leverage.

### Bear Case

Action Construction Equipment (NSE: ACE) faces notable near-term technical headwinds and significant historical volatility, which present cautionary signals for investors. As of November 5, 2026, the stock closed at ₹1,131.45, but the weekly trend is bearish with a downward-sloping 20-day EMA (-14.86% slope over five days), contrasting with the monthly bullish supertrend. This divergence suggests intermediate-term pressure despite longer-term strength.

Volatility remains elevated, with an annualized volatility of +36.6% and an Average True Range (ATR) of 4.06%, indicating substantial price swings. The stock has experienced a maximum drawdown of -52.0% historically and is currently in a -27.5% drawdown from its peak. While year-to-date returns are positive at +19.9%, recent momentum is weak, with one-month and 20-day returns at -7.8% and -9.5% respectively. Support levels are closely tested, with immediate support at ₹1,128.35 (0.27% below current price). Investors should monitor whether the price holds above this level or breaks toward the next pivot at ₹1,087.20.

- Weekly trend is bearish with a -14.86% slope on the 20-day EMA as of Nov 5, 2026, contrasting with the monthly bullish signal.
- High volatility persists with +36.6% annualized volatility and a current drawdown of -27.5% from peak levels.
- Recent momentum is negative, with -7.8% return over the past month and -9.5% over the past 20 days.
- Immediate support is thin at ₹1,128.35 (0.27% below close); a break could expose the stock to the ₹1,087.20 pivot level.

- [ACTION CONSTRUCTION EQUIPMENT LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20261106_121935582.xml)
- [Action Construction Equipment Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ACE_06112026123416_Investor_Meet.pdf)
- [Action Construction Equipment Limited has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2433_WebXMLFile_20261029_141851364.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2433_WebXMLFile_20261029_141851364.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/ACE_29102026142621_bmintimation.pdf)
- [Action Construction Equipment Limited has informed the Exchange about ntimation of scheduled Conference Call meeting |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ACE_29102026143355_concall12112026_signed.pdf)
- [ACTION CONSTRUCTION EQUIPMENT LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20261029_163448759.xml)
- [Action Construction Equipment Limited has informed the Exchange about Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended on September 30, 2026. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/ACE_21102026173745_Reg74_5__signed.pdf)
- [Statement of utilization of issue proceeds |SUBJECT: Statement of utilization of issue proceeds](https://nsearchives.nseindia.com/content/debt/WDM/ACE_21102026173953_Quarterly_Certificate_30092026.pdf)
- [Action Construction Equipment Limited has informed the Exchange about Further Intimation SEBI Circular dated January 30, 2026 on Ease of Doing Investment Special Window for Transfer and Dematerialisation of Physical Securities |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/ACE_30092026134141_Special_Window_signed.pdf)

### FAQs

**What upcoming corporate events should investors monitor for Action Construction Equipment?**

The Board of Directors is scheduled to meet on November 12, 2026, to consider and approve the Unaudited Financial Results for the half-year ended September 2026. Additionally, the company will participate in the 'Avendus Spark INDX: Annual Investor Conference' on November 17, 2026, at Grand Hyatt, Mumbai, featuring one-on-one and group sessions with analysts and institutional investors.

**How has the stock performed over different time horizons as of early November 2026?**

As of November 5, 2026, the stock closed at ₹1,131.45. It has gained +19.9% year-to-date and +28.3% over the past six months. However, it has declined -7.8% over the last month and -9.5% over the last 20 days. The stock is currently trading 27.5% below its historical peak, having experienced a maximum drawdown of -52.0%.

**What are the key technical price levels and trend indicators for ACE?**

On a daily basis, the SuperTrend indicator remains bullish, with immediate support at ₹1,128.35 and resistance at ₹1,139.40. Monthly trends also show a bullish SuperTrend direction. The stock exhibits high volatility, with an annualized volatility of +36.6% and an Average True Range (ATR) of 4.06%, indicating significant daily price fluctuations.

- [ACTION CONSTRUCTION EQUIPMENT LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20261106_121935582.xml)
- [Action Construction Equipment Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ACE_06112026123416_Investor_Meet.pdf)
- [Action Construction Equipment Limited has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2433_WebXMLFile_20261029_141851364.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2433_WebXMLFile_20261029_141851364.xml)
- [Financial Results |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/ACE_29102026142621_bmintimation.pdf)
- [Action Construction Equipment Limited has informed the Exchange about ntimation of scheduled Conference Call meeting |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ACE_29102026143355_concall12112026_signed.pdf)
- [ACTION CONSTRUCTION EQUIPMENT LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20261029_163448759.xml)
- [Action Construction Equipment Limited has informed the Exchange about Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended on September 30, 2026. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/ACE_21102026173745_Reg74_5__signed.pdf)
- [Statement of utilization of issue proceeds |SUBJECT: Statement of utilization of issue proceeds](https://nsearchives.nseindia.com/content/debt/WDM/ACE_21102026173953_Quarterly_Certificate_30092026.pdf)
- [Action Construction Equipment Limited has informed the Exchange about Further Intimation SEBI Circular dated January 30, 2026 on Ease of Doing Investment Special Window for Transfer and Dematerialisation of Physical Securities |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/ACE_30092026134141_Special_Window_signed.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,125.23
- Risk regime: Price Risk Requires Attention

### Support levels
- 1128.351171875
- 1090.240625
- 1076.8125

### Resistance levels
- 1196
- 1267.25625
- 1294.35

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +3.55% |
| return_10 | +16.76% |
| return_1m | -6.75% |
| return_1y | +8.93% |
| return_20 | -1.03% |
| return_3m | +4.85% |
| return_5 | +17.39% |
| return_6m | +31.56% |
| return_since_start | -24.80% |
| return_ytd | +23.70% |

### 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 | +36.69% |

## 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

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +65.42%
- FII holding: +7.82%
- DII holding: +2.59%
- Mutual fund holding: +1.31%
- Retail holding: +16.48%
- Promoter pledged: +0.00%

### Major reported shareholders

- Mr. Vijay Agarwal — +28.76%
- Mrs. Mona Agarwal — +24.65%
- Mr. Sorab Agarwal — +6.15%
- Mrs.Surbhi Garg — +5.82%
- MASSACHUSETTS INSTITUTE OF TECHNOLGY — +1.84%
- CHANDER BHATIA — +1.26%
- Mrs. Anuradha Garg — +0.04%

## Official filings

- 2026-11-06 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20261106_121935582.xml)
- 2026-11-06 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_06112026123416_Investor_Meet.pdf)
- 2026-10-29 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2433_WebXMLFile_20261029_141851364.xml)
- 2026-10-29 — Board Meeting Notice: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2433_WebXMLFile_20261029_141851364.xml)
- 2026-10-29 — Board Meeting Notice: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_29102026142621_bmintimation.pdf)
- 2026-10-29 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_29102026143355_concall12112026_signed.pdf)
- 2026-10-29 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2433_WebXMLFile_20261029_163448759.xml)
- 2026-10-21 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_21102026173745_Reg74_5__signed.pdf)
- 2026-10-21 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/ACE_21102026173953_Quarterly_Certificate_30092026.pdf)
- 2026-09-30 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_30092026134141_Special_Window_signed.pdf)
- 2026-09-30 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_30092026134825_ACEBACKHOEORDER_SIGNED.pdf)
- 2026-09-25 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2433_WebXMLFile_20260925_162617440.xml)
- 2026-09-25 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_25092026163046_Intimation_Stock_exchange-Trading_window.pdf)
- 2026-09-19 — Regulatory Filing: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1725692_19092026040838_WEB.xml)
- 2026-09-19 — Generic Announcement: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ACE_19092026161521_AGMEVotingResult19092026FF.pdf)
- 2026-09-19 — Regulatory Filing: Action Construction Equipment Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1725694_19092026041730_WEB.xml)
- 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)

## News and market events

- 2026-11-07 — The Hindu: **Movers & Shakers: Stocks that will see action this week** — Technical analysis from The Hindu Business Line identifies Action Construction Equipment, Havells India, and Kalyan Jewellers India as stocks exhibiting bullish patterns with potential for near-term gains. Each stock has shown significant recent price increases and formed specific chart formations, such as a morning star or double-bottom, suggesting positive trend reversals contingent on holding key support levels. — [Source](https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-shakers-stocks-that-will-see-action-this-week/article71678139.ece)
- 2026-10-01 — MONEYCONTROL: **Trade Spotlight: How should you trade Gujarat Pipavav Port, Sona BLW, Action Construction Equipment, Dr Lal PathLabs, and others on October 1?** — Trade Spotlight — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-gujarat-pipavav-port-sona-blw-action-construction-equipment-dr-lal-pathlabs-and-others-on-october-1-14042412.html)
- 2026-09-30 — CNBC-TV18: **ACE wins Ministry of Defence order for 74 4x4 backhoe loaders** — Action Construction Equipment (ACE) has received an order from the Border Roads Organisation for 74 4x4 backhoe loaders. The company said the order will strengthen its presence in the defence sector and support its efforts to expand its government business. — [Source](https://www.cnbctv18.com/market/ace-wins-ministry-of-defence-order-for-74-4x4-backhoe-loaders-20002029.htm)
- 2026-09-30 — MONEYCONTROL: **Action Construction Equipment shares gain 3% after Defence Ministry order win** — Action Construction Equipment, Action Construction Equipment stocks, Action Construction Equipment shares — [Source](https://www.moneycontrol.com/news/business/stocks/action-construction-equipment-shares-gain-3-after-defence-ministry-order-win-14041912.html)
- 2026-09-22 — Mint: **Action Construction share price jumps 50% in 6 months - ICICI Direct sees it rising further | 12-month target price** — As per BSE data, Action Construction stock has jumped 50% in the last six months, while year-to-date, the stock has gained 32%. The stock hit a 521-week high of  ₹1,267.05 on 21 September, while it hit a 52-week low of  ₹746.10 on 30 March. — [Source](https://www.livemint.com/market/stock-market-news/action-construction-share-price-jumps-50-in-6-months-icici-direct-sees-it-rising-further-12-month-target-price-11790065905916.html)
- 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

- [Afcons Infrastructure Limited (Engineering & Capital Goods)](https://faxioms.com/stocks/afcons) — -1.80%
- [Amber Enterprises India Limited (Engineering & Capital Goods)](https://faxioms.com/stocks/amber) — -2.76%
- [BEML Limited (Engineering & Capital Goods)](https://faxioms.com/stocks/beml) — -2.26%
- [Cemindia Projects Limited (Engineering & Capital Goods)](https://faxioms.com/stocks/cempro) — +5.41%
- [CIE Automotive India Limited (Engineering & Capital Goods)](https://faxioms.com/stocks/cieindia) — -2.17%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

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