The stock opened at Rs 284.4 and touched an intraday high and low of Rs 294.5 and Rs 280.2, respectively, in the session so far. The stock of Ambuja Cements Ltd. quoted a 52-week high of Rs 298.25 and a 52-week low of Rs 136.65.
As per BSE, the total market cap of the Ambuja Cements Ltd. stood at Rs 57960.98 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 7552.73 crore for the quarter ended 31-Dec-2020, up 20.52 per cent from previous quarter’s Rs 6266.55 crore and up 4.58 per cent from the year-ago quarter’s Rs 7221.65 crore.
The net profit for latest quarter stood at Rs 732.24 crore, up 23.79 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2020, DIIs held 5.31 per cent stake in the company, while foreign institutional investors held 18.03 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 24.5 and a price-to-book ratio of 1.62. 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.
