Ambuja Cements Share Price: Ambuja Cements shares down 0.2% as Nifty gains


NEW DELHI: Shares of Ltd. traded 0.2 per cent down in Tuesday’s trade at 02:57PM (IST). Around 79,184 shares changed hands on the counter.

The scrip opened at Rs 350.5 and touched an intraday high and low of Rs 356.25 and Rs 343.65, respectively, in the session so far. The stock of Ambuja Cements Ltd. quoted a 52-week high of Rs 442.95 and a 52-week low of Rs 242.0.

Total market cap of the Ambuja Cements Ltd. stood at Rs 69805.36 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 6740.57 crore for the quarter ended 30-Sep-2021, down 4.47 per cent from previous quarter’s Rs 7055.76 crore and down 7.56 per cent from the year-ago quarter’s Rs 6266.55 crore.

The net profit for latest quarter stood at Rs 665.81 crore, up 7.08 per cent from the corresponding quarter last year.

Shareholding pattern

As of 31-Dec-2021, DIIs held 6.57 per cent stake in the firm, while foreign institutional investors held 14.69 per cent and the promoters 63.21 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 21.67 and a price-to-book ratio of 2.17. 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.

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


Source: The Economic Times
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