Share price of Ambuja Cements jumps as Sensex drops 81.95 points

The share price of Ambuja Cements Ltd. gained 0.13 per cent to Rs 520.55 at 12:30PM (IST) in Thursday's trade. The stock has hit a high of Rs 525.4 and low of Rs 517.3 so far during the session. The stock had closed at Rs 519.9 in the previous session.

The counter has had a total traded volume of 51542 shares so far with a value of Rs 2.68 crore on the NSE. It traded at a price-to-earnings multiple of 57.68 and a price-to-book ratio of 2.96.

A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 38.89 per cent during the past one year, while the 30-share index slipped -0.56 per cent during the same period.

Ambuja Cements Ltd. belongs to the Cement - Pan India industry.

Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Dec-2022, while overseas investors and domestic institutional investors ownership stood at 12.81 per cent and 7.04 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 7244.78 crore for the quarter ended 30-Sep-2022, down 11.28 per cent from the previous quarter's Rs 8165.85 crore and down 7.48 per cent from the year-ago quarter's Rs 6740.57 crore.

Profit for the latest quarter stood at Rs 93.18 crore, down 86.01 per cent from the same quarter a year ago.