Ambuja Cements shares down 0.63% as Sensex falls

economictimes.indiatimes.com:

Ambuja Cements Ltd. fell 0.63 per cent to Rs 412.9 in Friday's session as of 01:38PM (IST) even as the equity benchmark Sensex traded 86.94 points lower at 65930.87.
Earlier in the day, the stock witnessed a gap down start to the session.

The stock quoted a 52-week high price of Rs 598.15 and a 52-week low of Rs 315.3 on NSE. Around 28692 shares changed hands on the counter till 01:38PM (IST).
The stock opened at Rs 414.85 and has touched an intraday high and low of Rs 415.5 and Rs 411.35 during the session so far.

The scrip quoted a price-to-earnings (PE) ratio of 29.52, earnings per share (EPS) of Rs 13.99 and price to book value (PB) of 2.29, while the return on equity (ROE) stood at Rs 9.67.
Promoter/ FII Holding
The promoters held 63.19 per cent stake in the company as of November 24, while FII and MF ownerships stood at 11.65 per cent and 6.46 per cent, respectively.
Key Financials With a market capitalisation of Rs 81997.22 crore, the company operates in the Cement — Pan India industry.

For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 7899.99 crore, down 11.99 per cent from the previous quarter?s Rs 8976.14 crore and down 9.04 per cent from the same quarter a year ago. The company reported net profit of Rs 792.96 crore for the latest quarter, up 751.0 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 39.94.

The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the