Ambuja Cements Share Worth: Ambuja Cements share value up 0.64 per cent

Shares of Ambuja Cements Ltd. traded 0.64 per cent up at Rs 680.3 at round 11:42AM (IST) on Friday. The inventory had closed at Rs 675.95 within the earlier session. Fairness benchmark Sensex traded 618.04 factors increased at 80657.84 across the identical time. The scrip has climbed 53.39 per cent within the final one yr until date, whereas the 30-share index has gained 20.88 per cent throughout the identical interval.

The inventory’s 52-week excessive value stood at Rs 706.85 and the 52-week low value at Rs 404.0.

Buying and selling quantity on the counter stood at 36,704 shares, whereas it quoted a price-to-earnings ratio of 46.9, an EPS worth of 14.52 and a price-to-book worth of three.25. Within the Nifty50 pack, 41 shares traded within the inexperienced, whereas 9 shares had been within the pink.

Promoter/FII Holding
Promoters held 70.33 per cent stake within the firm as of 30-Jun-2024, whereas FII and mutual funds’ possession stood at 9.59 per cent and 5.53 per cent, respectively.

Key Financials
For the quarter ended 31-Mar-2024, the corporate reported consolidated gross sales of Rs 9127.45 crore, up 9.67 per cent from the earlier quarter’s Rs 8322.45 crore and up 10.63 per cent from the year-ago quarter’s Rs 8250.45 crore. The corporate reported internet revenue of Rs 1055.16 crore for the most recent quarter.

Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is understood for signalling pattern reversals in traded securities or indices. It’s the distinction between the 26-day and 12-day exponential transferring averages. A nine-day exponential transferring common, referred to as the sign line, is plotted on prime of the MACD to replicate “purchase” or “promote” alternatives. When the MACD crosses under the sign line, it offers a bearish sign, indicating that the worth of the safety might even see a downward motion and vice versa.