Business & Investment

Ambuja Cements share price: Ambuja Cements share price fell 3.37% due to Nifty’s rise.

New Delhi: In a transaction at 2:03 pm (IST) on Tuesday, the stock price of a limited liability company fell 3.37%. About 1,421,463 shares were replaced at the counter.

The counter opened at 410.7 rupees and touched the daytime highs and lows of 412.5 rupees and 395.5 rupees respectively in previous sessions. Ambuja Cements Ltd. shares are estimated to have a 52-week high of Rs 442.95 and a 52-week low of Rs 225.9.

according to BSEAt the time of writing this report, Ambuja Cements Ltd. The market capitalization was 78998.9 rupees.



Major finance

The company reported consolidated net sales of Rs 7055.76 for the quarter ending June 30, 2021, down 9.68% from Rs 7811.96 in the previous quarter and down 48.39% from Rs 475.501 in the year-ago quarter.

Net income for the latest quarter was Rs 876.71, up 91.78 percent from the corresponding quarter last year.

Stock holding pattern

As of September 30, 2021, domestic institutional investors held a 5.25% stake in the company, foreign institutional investors held a 16.48% stake, and promoters held a 0.0% stake.

Evaluation rate

According to BSE data, the price-earnings ratio was a multiple of 24.86 and the price-to-book value ratio was 2.17. A high rate of return on stock prices indicates that investors are willing to pay higher prices due to higher expectations for future growth. The price-to-book value ratio is a measure of the inherent value of a company and the price at which an investor is ready to pay even if the business is not growing.

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

Ambuja Cements share price: Ambuja Cements share price fell 3.37% due to Nifty’s rise.

https://economictimes.indiatimes.com/markets/stocks/stock-watch/ambuja-cements-shares-down-3-37-as-nifty-gains/articleshow/87132805.cms Ambuja Cements share price: Ambuja Cements share price fell 3.37% due to Nifty’s rise.

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