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Action Construction Equipment Limited (NSE India Code : ACE) SELL

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ACE Technical Levels

Resistance 2		26.98
Resistance 1		26.67
PIVOT		26.43
Support 1		26.12
Support 2		25.57

ACE Fundamentals

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ACE Technical Levels

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ACE Share Price on 5-10-2012

Open		27.55
High		28.05
Low		26.1
Close		26.4
Volume		79187
Change		-1.15 (-4.17%)

Series		EQ
Date of Listing		26-Sep-06
Paid Up Value		2
Face Value		2
Market Capital		0 Crores
52 Week High/Low		46 / 16

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Action Construction Equipment Limited Company Profile

Action Construction Equipment (ACE) is a Delhi-based construction equipment manufacturer. The company was incorporated as a private limited company in 1995 and went public in 2005. Vijay Agarwal is the chairman, CEO, and managing director of the company. ACE is engaged in designing, manufacturing and marketing hydraulic mobile pick-n-move cranes, forklift trucks, loaders, tower cranes, aerial work platforms, mast climbing platforms/lifts, and lorry loaders/truck mounted cranes. ACE has full-fledged production facilities based in Faridabad. ACE equipment is used in many industrial sectors like infrastructure, construction, roads, engineering industry, coal mines, chemical and fertilizer plants, power stations, ports, heavy project engineering industry, railways, cement industry, oil industry, defence etc. ACE has been certified as an ISO 9001 company by CVI. The company has a series of tie-ups with the leading foreign companies like PM-Italy, Zoomlion-China, Maber-Italy and Airo-Italy, for technology and machines from around the world. The company`s Cyprus arm, Frested, acquired 73.9% stake in a Romanian company, SC FORMA SA-Romania, for a total cost of USD 2.15 million. ACE provides spares and support for construction equipments and has a network of five regional offices and 37 sales and service dealer outlets across India. Clients include Reliance Industries, Punj Lloyd, ACC, Cimmco Birla, Central Coalfields, Punjab State Electricity Board, Rajasthan State Electricity Board etc. ACE has marketing tie-ups with companies like Autogru PM, Tigieffe SRL and Maber in Italy and Zoomlion in China and also exports its equipment to the Middle East and African countries. The registered office is at II Floor, Plot No.7, H-Block, Sarita Vihar, New Delhi-110044. Financials The company announced rise of 78.45% in standalone net profit on y-o-y basis to Rs 106.22 million, while total income rose 71.42% y-o-y basis to Rs 1.83 billion for the quarter ended December 2010.

ACE Intraday Realtime Chart

ACE Corporate Announcements

DATE	PURPOSE
06-Aug-12	Financial Result Updates
06-Jul-12	Disclosure under SEBI Takeover Regulations
29-May-12	Updates
12-May-12	Financial Result Updates
12-May-12	Outcome of Board Meeting

ACE Corporate Actions

DATE	PURPOSE
14-Sep-11	Annual General Meeting And Dividend Re.1/- Per Share
14-Sep-11	AGM/DIV-RE.1/- PER SHARE
11-Feb-11	Interim Dividend-Re.1/- Per Share (Purpose Revised)

ACE Board Meetings

MEETING DATE	PURPOSE
04-Aug-12	Results/Dividend
12-May-12	Results/Others
04-Feb-12	Un-audited Financial Results
12-Nov-11	Results/Others
28-Oct-11	Issue of Equity shares on Preferential Basis

ACE Related companies

Symbol	Company Name
ABB	ABB Limited
ACE	Action Construction Equipment Limited
AIAENG	AIA Engineering Limited
APARINDS	Apar Industries Limited
APIL	Alstom Projects India Limited

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