Ambuja Cements share price up 0.16 per cent
Ambuja Cements Ltd. traded 0.16 per cent up at Rs 685.05 at around 12:07PM (IST) on Tuesday. The stock had closed at Rs 683.9 in the previous session. Equity benchmark Sensex traded 152.7 points higher at 80817.56 around the same time.
The scrip has climbed 50.35 per cent in the last one year till date, while the 30-share index has gained 29.05 per cent during the same period.
The stock's 52-week high price stood at Rs 706.85 and the 52-week low price at Rs 404.0.
Trading volume on the counter stood at 46,415 shares, while it quoted a price-to-earnings ratio of 47.18, an EPS value of 14.52 and a price-to-book value of 3.25. In the Nifty50 pack, 31 stocks traded in the green, while 19 stocks were in the red.
Promoter/FII Holding Promoters held 66.74 per cent stake in the company as of 31-Mar-2024, while overseas investor and mutual funds' ownership stood at 11.09 per cent and 6.08 per cent, respectively.
Key Financials For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 9127.45 crore, up 9.67 per cent from the previous quarter's Rs 8322.45 crore and up 10.63 per cent from the year-ago quarter's Rs 8250.45 crore. The company reported net profit of Rs 1055.16 crore for the latest quarter.
Technical Indicators The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is
