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Ambuja Cements shares rise 1.16% as Sensex climbs

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Shares of the Ambuja Cements Ltd. traded at Rs 625.9 on BSE at 10:25AM (IST) on Friday, up 1.16 per cent from previous close.

The scrip quoted a 52-week low price of Rs 404.0 and a high of Rs 656.15.

Earlier, the stock saw a gap up opening in the morning.

A total of 16,656 lakh shares changed hands on the counter till 10:25AM (IST).

The stock of Ambuja Cements Ltd. commands a market value of Rs 154967.41 crore. The stock traded at a price-to-earning (P/E) multiple of 43.33, while the price-to-book value ratio stood at 3.25. Return on equity (ROE) was at 8.62 per cent, according to exchange data. In the BSE500 pack, 200 stocks traded in the green, while 301 stocks were in the red. Promotor Holding
Promoters held 66.74 per cent in the Ambuja Cements Ltd. as of 31-Mar-2024 while overseas and domestic institutional investors owned 11.09 per cent and 14.24 per cent, respectively.

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