Share price of Ambuja Cements falls as Sensex gains 163.12 points
Promoters held 0.0 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 14.66 per cent and 6.56 per cent, respectively.
By ETMarkets.com |
Reuters
The share price of Ambuja Cements Ltd. dropped 5.4 per cent to Rs 340.0 at 02:10PM (IST) in Friday's trade. The scrip has hit a high of Rs 355.0 and low of Rs 339.5 so far during the session. The stock had closed at Rs 359.4 in the previous session.
The counter has had a total traded volume of 309549 shares so far with a value of Rs 10.62 crore on the NSE. It traded at a price-to-earnings multiple of 20.95 and a price-to-book ratio of 2.17.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 20.26 per cent during the past one year, while the 30-share index advanced 11.4 per cent during the same period.
Ambuja Cements Ltd. belongs to the Cement - Pan India industry.
Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Dec-2021, while foreign investors and domestic institutional investors ownership stood at 14.66 per cent and 6.56 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 6740.57 crore for the quarter ended 30-Sep-2021, down 4.47 per cent from the previous quarter's Rs 7055.76 crore and down 7.56 per cent from the year-ago quarter's Rs 6266.55 crore.
Profit for the latest quarter stood at Rs 665.81 crore, up 7.08 per cent from the same quarter a year ago.
The counter has had a total traded volume of 309549 shares so far with a value of Rs 10.62 crore on the NSE. It traded at a price-to-earnings multiple of 20.95 and a price-to-book ratio of 2.17.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 20.26 per cent during the past one year, while the 30-share index advanced 11.4 per cent during the same period.
Ambuja Cements Ltd. belongs to the Cement - Pan India industry.
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Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Dec-2021, while foreign investors and domestic institutional investors ownership stood at 14.66 per cent and 6.56 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 6740.57 crore for the quarter ended 30-Sep-2021, down 4.47 per cent from the previous quarter's Rs 7055.76 crore and down 7.56 per cent from the year-ago quarter's Rs 6266.55 crore.
Profit for the latest quarter stood at Rs 665.81 crore, up 7.08 per cent from the same quarter a year ago.
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