Ambuja Cements Share Price: Share price of Ambuja Cements rises as Nifty weakens

Shares of Ltd. gained 0.02 per cent to Rs 421.5 in Wednesday’s trade as of 01:32PM (IST).

The stock hit a high price of Rs 423.7 and low of Rs 418.95 during the session.

The return on equity (ROE) for the stock stood at 10.39 per cent. Traded volume on the counter stood at 01:32PM shares and turnover at Rs 3.46 crore around that time.

The stock of Ambuja Cements Ltd. quoted a 52-week high and 52-week low prices of Rs 427.2 and Rs 197.5, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.44.

Promotor/FII Holding

Promoters held 126.56 per cent stake in the company as of 30-Jun-2021, while foreign investors held 35.38 per cent and domestic institutional investors had 24.48 per cent.

Key Financials

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

Net profit after tax for the latest quarter stood at Rs 876.71 crore, up 91.78 per cent from the same quarter a year ago.

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