Support and Resistance Levels
Past performance
About Action Construction Equipment Ltd Action Construction Equipments Limited, a public company incorporated in 1995, is a leading manufacturer and marketer of a broad range of construction and agricultural equipment, including hydraulic mobile cranes, tower cranes, forklifts, and tractors, under the brand name 'ACE.' Located in Haryana, the company has expanded its product line to include road construction and material handling equipment. It went public in 2006 with listings on BSE and NSE.
The company has pursued strategic expansions, acquiring a significant stake in Romanian company SC FORMA SA and forming a wholly-owned subsidiary, Action Developers Ltd. In 2010, it began tractor production in Faridabad and further consolidated its operations through mergers, such as with ACE Steel Fab Pvt Ltd in 2011. In 2016, it absorbed ACE TC Rentals Private Limited, expanding its business portfolio. The company continues to innovate, with recent product launches including skid loaders and wheel-based harvesters, enhancing its competitive edge in the market.