Ambuja cements share price: Ambuja Cements share price up 1.58 per cent

Shares of Ltd. traded 1.58 per cent up at Rs 404.55 at around 10:10AM (IST) on Thursday. The stock had closed at Rs 398.25 in the previous session. Equity benchmark Sensex traded 181.66 points higher at 54707.59 around the same time.

The scrip has climbed 82.28 per cent in the last one year till date, while the 30-share index has gained 43.82 per cent during the same period.

The stock’s 52-week high price stood at Rs 427.2 and the 52-week low price at Rs 197.5.

Trading volume on the counter stood at 72,980 shares, while it quoted a price-to-earnings ratio of 25.28, an EPS value of 16.0 and a price-to-book value of 2.17. In the Nifty50 pack, 34 stocks traded in the green, while 16 stocks were in the red.

Promoter/FII Holding
Promoters held 126.56 per cent stake in the company as of 30-Jun-2021, while foreign institutional investors and MF ownership stood at 35.38 per cent and 9.04 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 7055.76 crore, down 9.68 per cent from the previous quarter’s Rs 7811.96 crore and down 48.39 per cent from the year-ago quarter’s Rs 4755.01 crore. The company reported net profit of Rs 876.71 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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