Ambuja Cements Ltd. traded 0.84 per cent at Rs 567.85 at 12:14PM (IST) on Friday, even as BSE benchmark Sensex 247.3 points to 78970.75.
The stock had settled at Rs 563.10 in the previous session. The stock quoted a 52-week high price of Rs 706.85 and 52-week low of Rs 452.90, respectively. As per BSE data, total traded volume on the counter till 12:14PM (IST) stood at 9811 shares with a turnover of Rs 0.56 crore.
At the prevailing price, the stock traded at 46.94 times its trailing 12-month EPS of Rs 12.10 per share and 3.25 times its price-to-book value, 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 reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 1.4398.
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