Share price of Ambuja Cements jumps as Sensex gains 700.19 points

economictimes.indiatimes.com:

Ambuja Cements Ltd. gained 1.21 per cent to Rs 613.9 at 10:30AM (IST) in Friday's trade. The counter hit a high of Rs 615.25 and low of Rs 607.0 so far during the session. The stock had closed at Rs 606.55 in the previous session.
The counter had a total traded volume of 10:30AM shares so far with a turnover of Rs 3.73 crore on BSE. The stock traded at a price-to-earnings multiple of 38.48 and a price-to-book ratio of 2.29.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Ambuja Cements Ltd. belongs to the Cement — Pan India industry.
Promotor/FII Holding Promoters held 63.19 per cent stake in the company as of 31-Dec-2023, while foreign investors and domestic institutional investors ownership stood at 11.88 per cent and 15.53 per cent, respectively.
Key Financials The firm reported consolidated net sales of Rs 8322.45 crore for the quarter ended 31-Dec-2023, up 5.35 per cent from the previous quarter's Rs 7899.99 crore and up 3.56 per cent from the year-ago quarter's Rs 8036.46 crore.
Its profit for the latest quarter stood at Rs 823.05 crore, up 89.46 per cent from the same quarter a year ago.