Ambuja Cements stock price up 0.19 per cent as Sensex climbs
Ambuja Cements Ltd. rose 0.19 per cent to Rs 417.15 at 12:30PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 88,863 shares with a turnover of Rs 372.0 crore till 12:30PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 42.95, 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.
The stock hit an intraday high of Rs 424.85 and a low of Rs 414.3 during the session and quoted a 52-week high price of Rs 598.15 and a 52-week low of Rs 315.3. 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 455.51 on July 18, while the 50-DMA was at Rs 429.98. 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 39.46.
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