Ambuja Cements shares down 0.58% as Nifty falls

Ambuja Cements shares down 0.58% as Nifty falls
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Synopsis

The stock quoted a 52-week high price of Rs 337.2 and low of Rs 181.75.

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According to the figures updated at 5.45 pm, the number of active COVID-19 cases is at 470.
Shares of Ltd. rose 0.58 per cent to Rs 331.5 in Friday's trade. It hit an intraday high of Rs 337.2 and low of Rs 331.5, respectively, during the day.

The stock quoted a 52-week high price of Rs 337.2 and low of Rs 181.75.

As of 11:28AM (IST), the counter saw total traded volume of 36,332 shares with a traded value of Rs 1.21 crore, according to NSE.

Did you Know?

Stock score of Ambuja Cements Ltd moved up by 1 in 6 months.

View Latest Stock Report  »

The stock had closed at Rs 333.45 in the previous session.

The scrip has advanced 8.12 per cent in the past one month till date, while the benchmark BSE Sensex has gained 7.33 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 23.94 while price-to-book ratio stood at 2.17. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Cement - Pan India industry.

Promoter/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Mar-2021, while FII and MF ownership in the firm stood at 17.7 per cent and 4.9 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 7811.96 crore for the quarter ended 31-Mar-2021, up 3.43 per cent from the previous quarter's Rs 7552.73 crore and up 22.22 per cent from the year-ago quarter's Rs 6391.47 crore. Its net profit for the latest quarter stood at Rs 947.21 crore, up 70.9 per cent from the same quarter a year ago.

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