The stock quoted a 52-week low price of Rs 354.2 and a high of Rs 624.55.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 27,727 lakh shares changed hands on the counter till 10:20AM (IST).
The stock of Ambuja Cements Ltd. commanded a market value of Rs 120985.36 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 38.21, while the price-to-book value ratio stood at 2.29. Return on equity (ROE) was at 9.67 per cent, according to exchange data. In the BSE500 pack, 367 stocks traded in the green, while 132 stocks were in the red. The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.44.
Promotor/FII Holding
Promoters held 0.0 per cent in Ambuja Cements Ltd. as of 31-Dec-2023 while foreign and domestic institutional investors owned 11.88 per cent and 6.64 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 484.12 on March 28, while the 50-DMA was at 578.79. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
