Ambuja Cements Share Price: Ambuja Cements shares gain 0.82% as Sensex falls

Shares of Ltd. traded 0.82 per cent up at Rs 416.75 at 11:44AM (IST) on Wednesday, even as BSE benchmark Sensex dropped 30.74 points to 58974.53. The stock had closed at Rs 413.35 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 442.95 and Rs 197.5, respectively.

As per BSE data, total traded volume on the counter till 11:44AM (IST) stood at 11:44AM shares with turnover at Rs 1.4 crore.

At the prevailing price, the stock trades at 25.97 times its trailing 12-month earnings per share of Rs 16.0 per share and 2.17 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.44.


Shareholding Details

Promoters held 126.56 per cent stake in the company as of 30-Jun-2021, while FIIs owned 35.38 per cent and DIIs 24.48 per cent.

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