Ambuja Cements stock price up 0.17 per cent as Sensex climbs

Shares of Ltd. rose 0.17 per cent to Rs 404.15 at 11:43AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 68,683 shares with a turnover of Rs 2.78 crore till 11:43AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 25.22, 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. The stock hit an intraday high of Rs 407.9 and a low of Rs 403.3 during the session and quoted a 52-week high price of Rs 442.95 and a 52-week low of Rs 225.9.



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

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 334.39 on October 13, while the 50-DMA was at Rs 412.63. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 45.13. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2021, promoters held 63.28 per cent stake in the company, while FIIs held 17.69 per cent and domestic institutional investors had 12.24 per cent.

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