Ambuja Cements rises 0.65% as Sensex slides
The stock traded at a P/E multiple of 37.04, while the price-to-book value ratio stood at 2.29.
Shares of traded at Rs 593.0 on at 11:06AM (IST) on Tuesday, up 0.65 per cent from previous close.The stock quoted a 52-week low price of Rs 354.2 and a high of Rs 624.55.
Earlier, the stock saw a opening in the morning.
A total of 19,339 lakh shares changed hands on the counter till 11:06AM (IST).
The stock of commanded a market value of Rs 117301.99 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 37.04, 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, 214 stocks traded in the green, while 286 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 overseas 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 482.58 on March 26, while the 50-DMA was at 575.73. 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.
Source: Stocks-Markets-Economic Times
