ReutersShares of Ambuja Cements Ltd. fell 0.73 per cent to Rs 372.15 in Friday's trade as of 12:18PM (IST) even as the benchmark Nifty ruled at 17357.85, down 248.0 points.
The scrip had closed at Rs 374.9 in the previous session. The stock quoted a 52-week low of Rs 261.1 and a high of Rs 442.95. The company quoted a market-cap of Rs 73856.07 crore on the BSE.
On BSE, 59,544 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 22.92 times its trailing 12-month EPS of Rs 16.23 per share and 2.17 times its book value. The return on equity (ROE) stood at Rs 10.39.
Key Financials
For the quarter ended 30-Sep-2021, Ambuja Cements Ltd. reported consolidated sales of Rs 6740.57 crore, down 7.56 per cent from the same quarter a year ago. The company reported 7.08 per cent YoY growth in net profit at Rs 665.81 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Friday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
The scrip had closed at Rs 374.9 in the previous session. The stock quoted a 52-week low of Rs 261.1 and a high of Rs 442.95. The company quoted a market-cap of Rs 73856.07 crore on the BSE.
On BSE, 59,544 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 22.92 times its trailing 12-month EPS of Rs 16.23 per share and 2.17 times its book value. The return on equity (ROE) stood at Rs 10.39.
Key Financials
For the quarter ended 30-Sep-2021, Ambuja Cements Ltd. reported consolidated sales of Rs 6740.57 crore, down 7.56 per cent from the same quarter a year ago. The company reported 7.08 per cent YoY growth in net profit at Rs 665.81 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Friday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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