Ambuja cements share price: Share price of Ambuja Cements jumps as Sensex drops 420.36 points

The share price of Ltd. gained 0.42 per cent to Rs 358.8 at 01:16PM (IST) in Thursday’s trade. The scrip has hit a high of Rs 361.4 and low of Rs 355.9 so far during the session. The stock had closed at Rs 357.3 in the previous session.

The counter has had a total traded volume of 84201 shares so far with a value of Rs 3.02 crore on the NSE. It traded at a price-to-earnings multiple of 25.8 and a price-to-book ratio of 2.17.

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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 83.44 per cent during the past one year, while the 30-share index advanced 43.5 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-Mar-2021, while overseas investors and domestic institutional investors ownership stood at 17.7 per cent and 4.9 per cent, respectively.

Key Financials

The firm reported consolidated sales of Rs 7811.96 crore for the quarter ended 31-Mar-2021, up 3.43 per cent from the previous quarter’s Rs 7552.73 crore and up 22.22 per cent from the year-ago quarter’s Rs 6391.47 crore.

Profit for the latest quarter stood at Rs 947.21 crore, up 70.9 per cent from the same quarter a year ago.

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