Share price of Ambuja Cements falls as Sensex gains 19.07 points

A total of 357,983 shares changed hands on the counter till 01:06PM (IST)

Share price of Ambuja Cements  falls  as Sensex  gains  19.07 points
Share price of Ambuja Cements Ltd. dropped 1.45 per cent to Rs 364.4 at 01:06PM (IST) in Tuesday's trade. The stock hit a high of Rs 373.45 and low of Rs 354.2 so far during the session. The stock had closed at Rs 369.75 in the previous session.

The counter had a total traded volume of 01:06PM shares so far with a turnover of Rs 13.03 crore on BSE. The stock traded at a price-to-earnings multiple of 37.43 and a price-to-book ratio of 4.0.

A higher price-to-earnings 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 is the measure of the price that investors are ready to pay even for no growth in the business.

Ambuja Cements Ltd. belongs to the Cement - Pan India industry.

Promotor/FII Holding
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Promoters held 63.22 per cent stake in the company as of 31-Dec-2022, while FIIs and domestic institutional investors ownership stood at 10.66 per cent and 16.65 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 8036.46 crore for the quarter ended 31-Dec-2022, up 10.93 per cent from the previous quarter's Rs 7244.78 crore and up 4.24 per cent from the year-ago quarter's Rs 7709.61 crore.

Its profit for the latest quarter stood at Rs 434.41 crore, up 49.46 per cent from the same quarter a year ago.
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