Ambuja Cements Share Price: Ambuja Cements rises 0.07% as Sensex climbs

Shares of Ltd. traded at Rs 419.8 on BSE at 01:55PM (IST) on Thursday, up 0.07 per cent from previous close.

The scrip quoted a 52-week low price of Rs 197.5 and a high of Rs 442.95.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 768,181 lakh shares changed hands on the counter till 01:55PM (IST).

The stock of Ambuja Cements Ltd. commanded a market value of Rs 83069.47 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 26.14, while the price-to-book value ratio stood at 2.17. Return on equity (ROE) was at 10.39 per cent, according to exchange data.

In the BSE500 pack, 361 stocks traded in the green, while 139 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.44.

Promotor/FII Holding

Promoters held 0.0 per cent in Ambuja Cements Ltd. as of 30-Jun-2021 while foreign and domestic institutional investors owned 17.64 per cent and 4.51 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 323.43 on September 23, while the 50-DMA was at 410.5. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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