Total market cap of the Ambuja Cements Ltd. stood at Rs 43713.98 crore at the time of writing this report.
The company reported consolidated sales of Rs 4644.17 crore for the quarter ended 30-Jun-2020, down 25.69 per cent from previous quarter’s Rs 6249.66 crore and down 34.3 per cent from the year-ago quarter’s Rs 7068.79 crore.
The net profit for latest quarter stood at Rs 457.14 crore, down 26.61 per cent from the corresponding quarter last year.
As of 30-Jun-2020, DIIs held 6.9 per cent stake in the firm, while foreign institutional investors held 16.2 per cent and the promoters 0.0 per cent.
According to BSE data, the stock traded at a price-to-earnings multiple of 21.99 and a price-to-book ratio of 1.47. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Ambuja Cements Ltd. belongs to the Cement – Pan India industry.
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