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Action Construction Equipment
SectorCapital Goods
Action Construction Equipments Limited (ACEL) is an Indian company incorporated in 1995 that manufactures and sells material handling and construction equipment. It is a market leader in mobile cranes and tower cranes. ACEL's product range includes various types of cranes, loaders, backhoe loaders, motor graders, vibratory rollers, piling rigs, concrete placing booms, forklifts, warehousing equipment, tractors, harvesters, and other agricultural machinery. The company began by manufacturing hydraulic mobile cranes under the ACE brand and later expanded into mobile tower cranes and loaders. ACEL went public in 2006 and is listed on the BSE and National Stock Exchange of India. Over the years, the company has undergone several expansions and mergers, including the acquisition of a Romanian company and the merger with ACE Steel Fab Pvt Ltd. ACEL operates in four main segments: Cranes, Construction Equipment, Material Handling, and Agriculture Equipment.
In the news
Action Construction shares jump 50% in 6 months, ICICI sees more gains
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HDFC Sec recommends Action Construction, Moil shares for buy
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