Ambuja Cements rises 3.86% as Sensex slides

economictimes.indiatimes.com:

Ambuja Cements Ltd. traded at Rs 478.7 on BSE at 10:56AM (IST) on Thursday, up 3.86 per cent from previous close. The scrip quoted a 52-week low price of Rs 315.3 and a high of Rs 598.15.

Earlier, the stock saw a gap up opening in the morning. A total of 398,368 lakh shares changed hands on the counter till 10:56AM (IST). The stock of Ambuja Cements Ltd.

commanded a market value of Rs 94119.58 crore, according to BSE. The stock traded at a price-to-earning (P/E) multiple of 45.29, while the price-to-book value ratio stood at 2.29. Return on equity (ROE) was at 9.67 per cent, according to exchange data.

In the BSE500 pack, 255 stocks traded in the green, while 246 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-2023 while foreign portfolio investors and domestic institutional investors owned 12.45 per cent and 5.57 per cent, respectively.Moving averages The 200-DMA of the stock stood at 451.85 on August 03, while the 50-DMA was at 438.1.