The stock opened at Rs 387.0 and touched an intraday high and low of Rs 387.0 and Rs 371.0, respectively, in the session so far. The stock of Ambuja Cements Ltd. quoted a 52-week high of Rs 442.95 and a 52-week low of Rs 225.9.
Total market cap of the Ambuja Cements Ltd. stood at Rs 74332.63 crore at the time of writing this report.
Key Financials
The company reported consolidated net 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.
The net profit for latest quarter stood at Rs 665.81 crore, up 7.08 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2021, DIIs held 5.26 per cent stake in the company, while foreign institutional investors held 16.52 per cent and the promoters 63.26 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 23.07 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.
