Cement News

Ambuja Cements Share Price: Share price of Ambuja Cements rises as Nifty strengthens

Shares of . gained 1.55 per cent to Rs 482.9 in Tuesday’s trade as of 10:15AM (IST).

The stock hit a high price of Rs 487.35 and low of Rs 476.7 during the session.

The return on equity (ROE) for the stock stood at 10.96 per cent. Traded volume on the counter stood at 10:15AM shares and turnover at Rs 13.03 crore around that time.

The stock of Ambuja Cements Ltd. quoted a 52-week high and 52-week low prices of Rs 487.35 and Rs 274.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.44.

Promotor/FII Holding

Promoters held 63.2 per cent stake in the company as of 30-Jun-2022, while foreign investors held 12.82 per cent and domestic institutional investors had 14.98 per cent.

Key Financials

The company reported consolidated sales of Rs 8165.85 crore for the quarter ended 30-Jun-2022, up 2.2 per cent from previous quarter’s Rs 7990.34 crore and up 15.73 per cent from the year-ago quarter’s Rs 7055.76 crore.

Net profit after tax for the latest quarter stood at Rs 752.0 crore, down 14.22 per cent from the same quarter a year ago.

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