The stock opened at Rs 616.2 and touched an intraday high and low of Rs 640.0 and Rs 616.2 respectively in the session so far. Ambuja Cements Ltd. It traded a 52-week high of Rs 706.85 and a 52-week low of Rs 404.0.
According to BSEthe total market capitalization of the Ambuja Cements Ltd.. stood at Rs 152,578.18 crore at the time of writing.
Key financial data
The company reported consolidated sales of Rs 8,666.2 crore for the quarter ended June 30, 2024, down 5.05 per cent from Rs 9,127.45 crore in the previous quarter and down 3.45 per cent from Rs 8,976.14 crore in the year-ago quarter.
Net profit for the last quarter stood at Rs 646.31 crore, down 28.63 per cent from the corresponding quarter last year.
Shareholding pattern
As of June 30, 2024, IIFs held 5.53 percent stake in the company, while foreign institutional investors held 9.58 percent and promoters held 0.0 percent.
Valuation ratio
As per BSE data, the stock was trading at a price-earnings multiple of 45.99 and a price-to-book ratio of 3.25. A higher price-to-earnings ratio shows that investors are willing to pay a higher price due to better expectations of future growth. The price-to-book ratio indicates the inherent value of a company and is the measure of the price that investors are willing to pay even if there is no growth in the business.
Ambuja Cements Ltd.. belongs to the cement industry – Pan India.
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