The return on equity (ROE) for the stock stood at 10.39 per cent. Traded volume on the counter stood at 01:51PM shares and turnover at Rs 2.81 crore around that time. The stock of Ambuja Cements Ltd. quoted a 52-week high price of Rs 442.95 and 52-week low prices of Rs 225.9, respectively.
The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 1.44.
Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 30-Sep-2021, while FIIs held 16.48 per cent and domestic institutional investors had 5.25 per cent.
Key Financials
The company reported consolidated sales of Rs 6740.57 crore for the quarter ended 30-Sep-2021, down 4.47 per cent from previous quarter’s Rs 7055.76 crore and down 7.56 per cent from the year-ago quarter’s Rs 6266.55 crore. Net profit after tax for the latest quarter stood at Rs 665.81 crore, up 7.08 per cent from the same quarter a year ago.
Technicals
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 topof 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.
