Ambuja Cements Ltd.

Ambuja Cements Ltd. July 21st Shares Hiked Over 5%

Ambuja Cements Ltd. July 21st Shares Hiked Over 5%:

To begin with, Ambuja Cements Ltd. shares traded with a 5.46% gain in today’s Intraday trade. Also, until now, the company exchanged 3,06,151 shares hands on the counter. 

Moreover, the company shares started at Rs. 206.55 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 207.15 per eq share. Similarly, the Intraday low value of Rs. 199.80 per share.

According to the source, the company reached its 52-week highest value of Rs. 224.90. Also, it reached the 52-week lowest value of Rs. 136.65. As per the records, the total market capitalization stood at Rs. 6.26 Cr.

On 31st March 2020, Ambuja Cements announced its consolidated sales worth Rs. 6,249.66 Cr. Comparatively, the company sales declined by 12.30% from its last quarter sales of Rs. 7,126.44 Cr. Also, its sales declined by 8.51% of Rs. 6,830.70 Cr in the previous year.

Furthermore, the net profit of Rs. 554.25 Cr raised by 11.87% from the same quarter a year ago. By the ending in March 2020, the company promoters held 0.00% of its stake, FIIs held a 16.20% stake and DIIs held a 6.90% stake.

Stock Market Update: 

Stock Market July 21st: On Tuesday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 37,821.92 levels and Nifty stood traded gain with 11,135.75 levels. The Sensex raised 402.93 points with a 1.08% gain. Besides, Nifty has raised 113.55 points with a 1.03% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 11,55,191 as of July 21st, and deaths reached 28,084.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 48.83 points with a 0.36% gain and reached a 13,703.09 level. The S&P BSE Smallcap index raised 62.07 points with a 0.48% gain and reached a 12,977.34 level. However, the Nifty Bank raised 324.35 points with a 1.45% gain and reached a 22,646.20 level. 

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