Share price of Ambuja Cements falls as Sensex gains 456.92 points

Share price of Ambuja Cements falls as Sensex gains 456.92 points
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

Promoters held 0.0 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 12.81 per cent and 7.04 per cent, respectively.

Reuters
Stocks in focus: RIL, Tata Motors, Infosys, IIFL Securities, Apollo Hospitals, Punjab National Bank, NBCC and more..
The share price of . dropped 0.39 per cent to Rs 381.0 at 01:14PM (IST) in Monday's trade. The scrip has hit a high of Rs 382.9 and low of Rs 380.2 so far during the session. The stock had closed at Rs 382.5 in the previous session.

The counter has had a total traded volume of 35787 shares so far with a value of Rs 1.36 crore on the NSE. It traded at a price-to-earnings multiple of 31.91 and a price-to-book ratio of 2.96.

A higher price-to-earnings ratio shows 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip declined 5.66 per cent during the past one year, while the 30-share index advanced 9.33 per cent during the same period.

Ambuja Cements Ltd. belongs to the Cement - Pan India industry.

Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 30-Jun-2022, while foreign investors and domestic institutional investors ownership stood at 12.81 per cent and 7.04 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 8165.85 crore for the quarter ended 30-Jun-2022, up 2.2 per cent from the previous quarter's Rs 7990.34 crore and up 15.73 per cent from the year-ago quarter's Rs 7055.76 crore.

Profit for the latest quarter stood at Rs 752.0 crore, down 14.22 per cent from the same quarter a year ago.
Experience Your Economic Times Newspaper, The Digital Way!

Read More News on

(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.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by
Read before you invest. Insights on Ambuja Cements Ltd.. Explore Now