Getty ImagesThe counter opened at Rs 376.4 and touched an intraday high and low of Rs 383.0 and Rs 376.4, respectively, in the session so far. The stock of Ambuja Cements Ltd. quoted a 52-week high of Rs 598.15 and a 52-week low of Rs 310.35.
As per BSE, the total market cap of the Ambuja Cements Ltd. stood at Rs 75583.59 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 8036.46 crore for the quarter ended 31-Dec-2022, up 10.93 per cent from previous quarter's Rs 7244.78 crore and up 4.24 per cent from the year-ago quarter's Rs 7709.61 crore.
The net profit for latest quarter stood at Rs 434.41 crore, up 49.46 per cent from the corresponding quarter last year.
As of 31-Dec-2022, DIIs held 7.78 per cent stake in the firm, while foreign institutional investors held 10.65 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 38.99 and a price-to-book ratio of 4.0. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Ambuja Cements Ltd. belongs to the Cement - Pan India industry.
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