Ambuja Cements shares up 0.66% as Nifty drops
A total of 38,768 shares changed hands on the counter till 10:35AM (IST).
NEW DELHI: Shares of traded 0.66 per cent up in Tuesday's trade at 10:35AM (IST). Around 38,768 shares changed hands on the counter.The scrip opened at Rs 605.65 and touched an intraday high and low of Rs 613.0 and Rs 601.35, respectively, in the session so far. The stock of quoted a 52-week high of Rs 640.95 and a 52-week low of Rs 373.3.
Total market cap of the . stood at Rs 133981.32 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 8322.45 crore for the quarter ended 31-Dec-2023, up 5.35 per cent from previous quarter's Rs 7899.99 crore and up 3.56 per cent from the year-ago quarter's Rs 8036.46 crore.
The net profit for latest quarter stood at Rs 823.05 crore, up 89.46 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2023, domestic institutional investors held 6.64 per cent stake in the firm, while foreign institutional investors held 11.88 per cent and the promoters 63.19 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 42.31 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
