Ambuja Cements shares up 0.47% as Nifty gains
A total of 205,337 shares changed hands on the counter till 01:29PM (IST).
NEW DELHI: Shares of traded 0.47 per cent up in Thursday's trade at 01:29PM (IST). Around 205,337 shares changed hands on the counter.The stock opened at Rs 616.95 and touched an intraday high and low of Rs 626.5 and Rs 609.7, respectively, in the session so far. The stock of quoted a 52-week high of Rs 649.0 and a 52-week low of Rs 376.0.
As per , the total market cap of the . stood at Rs 152639.76 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 9127.45 crore for the quarter ended 31-Mar-2024, up 9.67 per cent from previous quarter's Rs 8322.45 crore and up 10.63 per cent from the year-ago quarter's Rs 8250.45 crore.
The net profit for latest quarter stood at Rs 1055.16 crore, up 63.61 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, DIIs held 5.37 per cent stake in the firm, while foreign institutional investors held 9.89 per cent and the promoters 70.29 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 49.61 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.
. belongs to the Cement - Pan India industry.
Source: Stocks-Markets-Economic Times
