Ambuja Cements rises 0.82% as Sensex climbs
The stock traded at a P/E multiple of 44.44, while the price-to-book value ratio stood at 3.25.
Shares of traded at Rs 644.8 on at 11:16AM (IST) on Wednesday, up 0.82 per cent from previous close.The scrip quoted a 52-week low price of Rs 404.0 and a high of Rs 676.65.
Earlier, the stock saw a gap up opening in the morning.
A total of 26,091 lakh shares changed hands on the counter till 11:16AM (IST).
The stock of commanded a market value of Rs 158945.36 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 44.44, while the price-to-book value ratio stood at 3.25. Return on equity (ROE) was at 8.62 per cent, according to exchange data.
In the BSE500 pack, 361 stocks traded in the green, while 140 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 70.29 per cent in . as of 31-Mar-2024 while overseas and domestic institutional investors owned 9.89 per cent and 5.37 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 528.59 on June 12, while the 50-DMA was at 620.68. 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
