Ambuja Cements Ltd.

Ambuja Cements Ltd. Shares Climbed Almost 2%

Ambuja Cements Ltd. Shares Climbed Almost 2% On 3rd August 2020:

To begin with, Ambuja Cements Ltd. shares traded with a 1.82% gain in today’s Intraday trade. Also, until now, the company exchanged 47,243 shares hands on the counter.

Moreover, the company shares started at Rs. 219.70 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 225.75 per eq share. Similarly, the Intraday low value of Rs. 218.95 per share.

According to the source, the company reached its 52-week highest value of Rs. 225.75. Also, it reached the 52-week lowest value of Rs. 136.65. As per the records, the total market capitalization stood at Rs. 44,547.95 Cr.

On 31st March 2020, Ambuja Cements announced its consolidated sales worth Rs. 4,644.17 Cr. Comparatively, the company sales raised by 25.69% from its last quarter sales of Rs. 6,249.66 Cr. Also, its sales raised by 34.30% of Rs. 7,068.79 Cr in the previous year.

Furthermore, the net profit of Rs. 457.14 Cr declined by 26.61% 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 August 3rd: On Monday, both Sensex and Nifty seem to trade in a bearish trend in the stock market. The Sensex stood traded loss with 37,200.51 levels and Nifty stood traded loss with 10,974.55 levels. The Sensex declined 406.38 points with a 1.08% loss. Besides, Nifty has declined 98.90 points with a 0.89% loss.

On the other hand, the number of confirmed or coronavirus cases in India reached 18,04,702 as of August 3rd, and deaths reached 38,161.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 74.14 points with a 0.54% gain and reached a 13,833.25 level. The S&P BSE Smallcap index raised 157.68 points with a 1.21% gain and reached a 13,179.52 level. However, the Nifty Bank raised 337.45 points with a 1.56% gain and reached a 21,302.60 level.

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