Ambuja Cements Stock Price: As Nifty weakens, the stock price of Ambuja Cements rises.
The stock hit a high of Rs 614.6 and a low of Rs 593.2 during the session.
The stock’s return on equity (ROE) was 9.67%. The trading volume on the counter at the time was 10.20 am stock and turnover was Rs 6.08 crore.
The stock of Ambuja Cements Ltd. hit its 52-week high and 52-week low of Rs 640.95 and Rs 373.3 respectively.
The counter’s beta, which measures volatility relative to the broader market, came in at 1.44.
Promoter/FII holdings
As of December 31, 2023, promoters held 63.19% of the company’s shares, foreign investors held 11.88% and domestic institutional investors held 15.53%.
main financial
The company reported consolidated revenue of Rs 8322.45 crore for the quarter ended December 31, 2023, up 5.35% from Rs 7899.99 crore in the previous quarter and 3.56% up from Rs 8036.46 crore in the year-ago quarter.
Its net profit after tax in the latest quarter was Rs 823.05 crore, up 89.46% year-on-year.
