Ambuja Cements shares down 1.18% as Nifty gains


NEW DELHI: Shares of Ltd. traded 1.18 per cent down in Tuesday’s trade at 01:43PM (IST). Around 137,885 shares changed hands on the counter.

The counter opened at Rs 301.5 and touched an intraday high and low of Rs 308.8 and Rs 298.5, respectively, in the session so far. Shares of the company of Ambuja Cements Ltd. quoted a 52-week high of Rs 329.9 and a 52-week low of Rs 157.5.

As per BSE, the total market cap of the Ambuja Cements Ltd. stood at Rs 59708.35 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 7552.73 crore for the quarter ended 31-Dec-2020, up 20.52 per cent from previous quarter’s Rs 6266.55 crore and up 4.58 per cent from the year-ago quarter’s Rs 7221.65 crore.

The net profit for latest quarter stood at Rs 732.24 crore, up 23.79 per cent from the corresponding quarter last year.

Shareholding pattern

As of 31-Mar-2021, DIIs held 4.9 per cent stake in the firm, while foreign institutional investors held 17.7 per cent and the promoters 0.0 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 25.24 and a price-to-book ratio of 2.17. 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.

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