The scrip opened at Rs 363.65 and touched an intraday high and low of Rs 374.35 and Rs 363.65, respectively, in the session so far. Shares of the company of Ambuja Cements Ltd. quoted a 52-week high of Rs 374.35 and a 52-week low of Rs 185.8.
As per BSE, the total market cap of the Ambuja Cements Ltd. stood at Rs 73856.07 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 7811.96 crore for the quarter ended 31-Mar-2021, up 3.43 per cent from previous quarter’s Rs 7552.73 crore and up 22.22 per cent from the year-ago quarter’s Rs 6391.47 crore.
The net profit for latest quarter stood at Rs 947.21 crore, up 70.9 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, DIIs held 4.51 per cent stake in the firm, while foreign institutional investors held 17.64 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 26.77 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.
