In this article we will provide the information related to the ACC Share Price From 1992 to 2023.The stock market has witnessed significant fluctuations, and ACC, as a prominent player, has seen its share prices reflect the changing dynamics of the market.
ACC SHARE PRICE TRENDS (1992-2023)
Year | Share Price on BSE |
1992 | 158 |
1993 | 145 |
1994 | 187 |
1995 | 220 |
1996 | 161 |
1997 | 140 |
1998 | 121 |
1999 | 109 |
2000 | 273 |
2001 | 182 |
2002 | 178 |
2003 | 166 |
2004 | 283 |
2005 | 370 |
2006 | 581 |
2007 | 1124 |
2008 | 1050 |
2009 | 567 |
2010 | 989 |
2011 | 1085 |
2012 | 1206 |
2013 | 1452 |
2014 | 1122 |
2015 | 1591 |
2016 | 1382 |
2017 | 1438 |
2018 | 1856 |
2019 | 1519 |
2020 | 1578 |
2021 | 1813 |
2022 | 2390 |
2023 | 2486 |
Â
1992: The journey began with ACC shares priced at 158 rupees.
 1993: Witnessed a slight dip to 145 rupees.
 1994: A recovery to 187 rupees.
 1995: A steady rise to 220 rupees.
 1996: Experienced a drop to 161 rupees.
 1997: Another dip to 140 rupees.
 1998: Continued the downward trend at 121 rupees.
 1999: Saw a further decrease to 109 rupees.
 2000: A substantial rise to 273 rupees.
 2001 to 2003: Relatively stable, fluctuating between 166 to 182 rupees.
 2004: Significant surge to 283 rupees.
 2005: Continued the upward trajectory at 370 rupees.
 2006: A remarkable increase to 581 rupees.
 2007: Touched new heights at 1124 rupees.
 2008: Maintained stability at 1050 rupees.
 2009: A significant decrease to 567 rupees.
 2010: Bounced back to 989 rupees.
 2011: Continued the upward trend at 1085 rupees.
 2012: Another rise to 1206 rupees.
 2013: A substantial increase to 1452 rupees.
 2014: A slight dip to 1122 rupees.
 2015: Soared to 1591 rupees.
 2016: A slight dip to 1382 rupees.
 2017: Continued the downward trend at 1438 rupees.
 2018: Touched new highs at 1856 rupees.
 2019: A decrease to 1519 rupees.
 2020: Maintained stability at 1578 rupees.
 2021: Another surge to 1813 rupees.
 2022: Reached unprecedented levels at 2390 rupees.
 2023: Continued the upward trajectory at 2486 rupees.
HARSHAD MEHTA SCAM IN 1992
The financial landscape of 1992 in India was marred by the infamous Harshad Mehta scam, a significant event in the country’s stock market history.
Harshad Mehta, a stockbroker, orchestrated a remarkable surge in ACC share prices from 200 to 9000 in a remarkably short period.
This led to an astronomical increase of around 4400%. The aftermath of the Harshad Mehta scam was catastrophic for the Indian stock market.
It witnessed a massive crash, marking one of the most significant stock market debacles in Indian history. The repercussions were far-reaching, and the financial system took a considerable hit.
ABOUT ACC (ASSOCIATED CEMENT COMPANY)
ACC, short for Associated Cement Company, was founded on August 1, 1936, with its headquarters in Mumbai, Maharashtra.
The company operates in the Building Material sector, with cement as its primary product.
FAQs
Q: What was the price of ACC shares during Harshad Mehta in 1992?
 A: Harshad Mehta increased ACC shares price from 200 to 9000 in 1992.
Q: How much money was involved in the 1992 scam?
A: Approximately 4000 crores.
Q: What was Harshad Mehta’s favorite stock?
A: ACC (Associated Cement Company).
Q: Who was the Prime Minister during Harshad Mehta’s time?
A: P. V. Narasimha Rao.
Q: When did the stock market crash in 1992?
A: The stock market crashed on August 6, 1992, witnessing a decline of around 72%.
Â
Q: What is the full form of ACC?
 A: The full form of ACC is Associated Cement Company.
ALSO READ: MRF SHARE PRICE FROM 1990
CONCLUSION
The ACC share price journey from 1992 to 2023 reflects the dynamic nature of the stock market. The impact of the Harshad Mehta scam in 1992 left an indelible mark on India’s financial history.
ACC, as a key player in the market, has weathered various storms and continued to contribute significantly to the Building Material sector.
The FAQs provides insights into specific aspects of the ACC saga, offering a comprehensive understanding of this intriguing chapter in India’s financial narrative.