Ambuja Cements Share Price: Share price of Ambuja Cements falls as Sensex drops 572.2 points

Share price of Ltd. dropped 3.03 per cent to Rs 380.85 at 01:58PM (IST) in Thursday’s trade. The stock hit a high of Rs 395.2 and low of Rs 378.35 so far during the session. The stock had closed at Rs 392.75 in the previous session.

The counter had a total traded volume of 01:58PM shares so far with a turnover of Rs 8.17 crore on BSE. The stock traded at a price-to-earnings multiple of 23.74 and a price-to-book ratio of 2.17.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.



The 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.

Promotor/FII Holding

Promoters held 63.26 per cent stake in the company as of 30-Sep-2021, while FIIs and domestic institutional investors ownership stood at 16.52 per cent and 13.35 per cent, respectively.

Key Financials

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

Its profit 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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