ACC Stock Price Rises 3.23% in Line with Sector Performance on November 22, 2024

ACC, a leading cement company in the largecap industry, saw a 3.23% increase in its stock price on November 22, 2024. This rise was in line with the overall performance of the sector, as ACC outperformed it by 0.65%.

The stock reached an intraday high of Rs 2085, showing a 2.92% increase from its previous closing price. However, ACC is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

According to MarketsMOJO, a leading stock analysis platform, the stock call for ACC is 'Sell'. This recommendation is based on the company's recent performance and market trends, and is not influenced by any external factors such as investor interest or expert opinions.

In comparison to the overall performance of the Sensex, ACC has shown a 1-day performance of 3.23%, while the Sensex has only seen a 0.69% increase. Similarly, in the past month, ACC's performance has been -6.91%, while the Sensex has only seen a -3.15% decrease.

Overall, ACC's stock price has shown a positive trend in the short term, but a negative trend in the long term. Investors should carefully consider these factors before making any investment decisions.