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    Ambuja Cements Ltd. shares decline 1.86% as Sensex slides

    Synopsis

    A total of 170,142 shares changed hands on the counter till 01:21PM (IST)

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    Shares of the Ambuja Cements Ltd. traded at Rs 198.2 on BSE at 01:21PM (IST) on Friday, down 1.86 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 136.65 and a high of Rs 224.9.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 170,142 lakh shares changed hands on the counter till 01:21PM (IST).

    The stock of Ambuja Cements Ltd. commands a market value of Rs 39434.91 crore.

    The stock traded at a price-to-earning (P/E) multiple of 18.31, while the price-to-book value ratio stood at 1.32. Return on equity (ROE) was at 8.7 per cent, according to exchange data.

    In the BSE500 pack, 148 stocks traded in the green, while 352 stocks were in the red.

    Promotor Holding
    Promoters held 63.11 per cent in the Ambuja Cements Ltd. as of 31-Mar-2020 while overseas and domestic institutional investors owned 15.61 per cent and 7.03 per cent, respectively.
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