[ad_1]
The scrip 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. The stock of Ambuja Cements Ltd. quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 404.0.
As per BSE, the total market cap of the Ambuja Cements Ltd. stood at Rs 152578.18 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 8666.2 crore for the quarter ended 30-Jun-2024, down 5.05 per cent from previous quarter’s Rs 9127.45 crore and down 3.45 per cent from the year-ago quarter’s Rs 8976.14 crore.
The net profit for latest quarter stood at Rs 646.31 crore, down 28.63 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2024, DIIs held 5.53 per cent stake in the company, while foreign institutional investors held 9.58 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 45.99 and a price-to-book ratio of 3.25. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
[ad_2]
