Ambuja Cements rises 0.65% as Sensex climbs

Earlier, shares of the company saw a gap up opening in the morning.

A total of 19,098 lakh shares changed hands on the counter till 12:07PM (IST).

The stock of commanded a market value of Rs 117192.78 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 37.01, while the price-to-book value ratio stood at 2.29. Return on equity (ROE) was at 9.67 per cent, according to exchange data.

In the BSE500 pack, 328 stocks traded in the green, while 172 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.44.

Promotor/FII Holding
Promoters held 0.0 per cent in . as of 31-Dec-2023 while foreign portfolio investors and domestic institutional investors owned 11.88 per cent and 6.64 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 481.9 on March 22, while the 50-DMA was at 574.55. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.