Wednesday, January 15, 2025
Wednesday, January 15, 2025
Home BuisnessMarket Insight Ambuja Cements shares up 0.0% as Sensex rises

Ambuja Cements shares up 0.0% as Sensex rises

by PratapDarpan
1 views

Shares of Ambuja Cements Ltd were up 0.0 percent at Rs 12:29PM (IST) on Monday, even as the BSE benchmark Sensex was up 598.56 points at 77217.89. 536.10 was traded.

In the previous session, the share was Rs. closed at 536.10. Shares respectively Rs. 706.85 to its 52-week high and Rs. 452.90 marked a 52-week low. As per BSE data, the total traded volume over the counter till 12:29PM (IST) was Rs. There were 10481 shares with a turnover of 0.56 crores.

At current prices, the company shares its trailing 12 months EPS of Rs. 12.10 per share traded at 44.25 times and 3.25 times its price-to-book value, BSE data showed.

A high P/E ratio indicates that investors are willing to pay a high price for the stock today due to expectations of future growth.

Price-to-book value reflects the intrinsic value of a company and the price investors are willing to pay even if there is no growth in the business. The stock’s beta value, which measures its volatility relative to the broader market, was at 1.4398.

growfast

  • Get maximum returns by investing in the right companies

    Stock trading

    Get maximum returns by investing in the right companies

    Get certified by – The Economic Times, India’s top business news brand

  • Market 104: Options Trading: Kickstart Your F&O Venture

    Stock trading

    Market 104: Options Trading: Kickstart Your F&O Venture

    By – Saketh R, Founder- QuickAlpha, Full Time Options Trader

  • Technical Analysis For Everyone - Technical Analysis Course

    Stock trading

    Technical Analysis For Everyone – Technical Analysis Course

    By – Abhijit Paul, Head of Technical Research, Fund Manager- ICICI Securities

  • Stock markets made easy

    Stock trading

    Stock markets made easy

    By – elearnmarkets, Financial Education by StockEdge

  • Renko chart patterns made easy

    Stock trading

    Renko chart patterns made easy

    By – Kaushik Akiwatkar, Derivatives Trader and Investor

  • Market 101: Insights into Trendlines and Momentum

    Stock trading

    Market 101: Insights into Trendlines and Momentum

    By – Rohit Srivastava, Founder- Indianarts.com

  • Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading

    Stock trading

    Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading

    By – Rohit Srivastava, Founder- Indianarts.com

  • Dow theory simplified

    Stock trading

    Dow theory simplified

    By – Vishal Mehta, Independent Systematic Trader

  • Market 103: Mastering Trends with RMI and Techno-Funda Insights

    Stock trading

    Market 103: Mastering Trends with RMI and Techno-Funda Insights

    By – Rohit Srivastava, Founder- Indianarts.com

  • ROC Made Easy: A Master Course for the ROC Stock Indicator

    Stock trading

    ROC Made Easy: A Master Course for the ROC Stock Indicator

    By – Saurdeep Dey, Equity and Commodity Trader, Trainer

  • Hackin Ashi Trading Tricks: Master the Art of Trading

    Stock trading

    Hackin Ashi Trading Tricks: Master the Art of Trading

    By – Dinesh Nagpal, Full Time Trader, Ichimoku and Trading Psychology Expert

  • RSI Made Easy: RSI Trading Course

    Stock trading

    RSI Made Easy: RSI Trading Course

    By – Saurdeep Dey, Equity and Commodity Trader, Trainer

  • Introduction to Technical Analysis and Candlestick Theory

    Stock trading

    Introduction to Technical Analysis and Candlestick Theory

    By – Dinesh Nagpal, Full Time Trader, Ichimoku and Trading Psychology Expert

    Shareholding details

    Promoters hold 0.0 percent stake in the company as on 31-Dec-2024, while FIIs hold 9.13 percent and DIIs 7.71 percent.

    Technicals
    On the technical chart, the relative strength index (RSI) of the stock stood at 49.31. RSI oscillates between zero and 100. Conventionally, when the RSI value is above 70 it is considered an overbought position and when it is below 30 it is considered an oversold position. Chartists say, RSI should not be looked at in isolation, as it may not be enough to take. A trading call, as fundamental analysts cannot give a ‘buy’ or ‘sell’ recommendation using a single valuation ratio.

    (You can now subscribe to our ETMarkets WhatsApp channel)

    You may also like

    Leave a Comment

    About Us

    We’re a News & media company. We promise to tell you what’s new in the parts of modern life that matter. all the rights are Reserved and design by PratapDarpan

    @2024 – All Right Reserved. Designed and Developed PratapDarpanÂ