Ambuja Cements Share Price: Ambuja Cements shares down 3.37% as Nifty gains

NEW DELHI: Shares of Ltd. traded 3.37 per cent down in Tuesday’s trade at 02:03PM (IST). Around 1,421,463 shares changed hands on the counter.

The counter opened at Rs 410.7 and touched an intraday high and low of Rs 412.5 and Rs 395.5, respectively, in the session so far. Shares of the company of Ambuja Cements Ltd. quoted a 52-week high of Rs 442.95 and a 52-week low of Rs 225.9.

As per BSE, the total market cap of the Ambuja Cements Ltd. stood at Rs 78998.9 crore at the time of writing this report.




Key Financials

The company reported consolidated net 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.

The net profit for latest quarter stood at Rs 876.71 crore, up 91.78 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Sep-2021, domestic institutional investors held 5.25 per cent stake in the firm, while foreign institutional investors held 16.48 per cent and the promoters 0.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 24.86 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.

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