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    Ambuja Cements shares decline 0.72% as Sensex slides

    Synopsis

    A total of 181,337 shares changed hands on the counter till 01:16PM (IST)

    Once equity investing is viewed as a viable alternative to savings in the form of assets like property, gold and bank deposits, we may witness a spread of liquidity to a broader set of stocks.

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    Shares of the Ltd. traded at Rs 309.65 on BSE at 01:16PM (IST) on Tuesday, down 0.72 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 161.55 and a high of Rs 329.9.

    Earlier, the stock saw a gap up opening in the morning.

    A total of 181,337 lakh shares changed hands on the counter till 01:16PM (IST).

    The stock of Ambuja Cements Ltd. commands a market value of Rs 61684.07 crore.

    The stock traded at a price-to-earning (P/E) multiple of 22.36, while the price-to-book value ratio stood at 2.17. Return on equity (ROE) was at 10.39 per cent, according to exchange data.

    In the BSE500 pack, 256 stocks traded in the green, while 244 stocks were in the red.

    Promotor Holding
    Promoters held 63.29 per cent in the Ambuja Cements Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 17.75 per cent and 12.11 per cent, respectively.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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