ThinkStock PhotosThe scrip opened at Rs 462.05 and touched an intraday high and low of Rs 465.85 and Rs 458.15, 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 315.3.
Total market cap of the Ambuja Cements Ltd. stood at Rs 91309.9 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 8976.14 crore for the quarter ended 30-Jun-2023, up 8.8 per cent from previous quarter's Rs 8250.45 crore and up 9.92 per cent from the year-ago quarter's Rs 8165.85 crore.
The net profit for latest quarter stood at Rs 905.61 crore, up 20.43 per cent from the corresponding quarter last year.
As of 30-Jun-2023, domestic institutional investors held 5.58 per cent stake in the company, while foreign institutional investors held 12.45 per cent and the promoters 63.2 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 43.94 and a price-to-book ratio of 2.29. 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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