AMBUJA CEMENT Share Price Down by 5%; BSE 500 Index Down 2.7%
September 21, 2020 03:32 PM

AMBUJA CEMENT share price has plunged 5% and is presently trading at Rs 220.

Meanwhile, the BSE 500 Index is at 15,235 (down 2.7%).

Among the top losers in the BSE 500 Index today are AMBUJA CEMENT (down 5.0%) and HONEYWELL AUTOMATION (down 5.3%).

GSK CONSUMER (up 5.1%) and SYNDICATE BANK (up 3.8%) are among the top gainers today.

Over the last one year, AMBUJA CEMENT has moved up from Rs 194 to Rs 220, registering a gain of Rs 26 (up 13.2%)..

The BSE 500 has moved up from 14,038 to 15,235, registering a gain of 1,197 points (up 8.5%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 1088.6%), LAURUS LABS LTD (up 317.9%) and DIXON TECHNOLOGIES (up 264.6%).

What About the Benchmark Indices?

The BSE Sensex is at 38,991 (down 2.2%). The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 0.8%), TCS (up 0.6%) and INFOSYS (up 0.5%). The most traded stocks in the BSE Sensex are INFOSYS and KOTAK MAHINDRA BANK.

In the meantime, NSE Nifty is at 11,535 (down 2.5%). TCS (up 0.7%) and INFOSYS (up 0.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,481 to 38,991, registering a gain of 2,510 points (up 4.13%).

AMBUJA CEMENT Financial Update...

AMBUJA CEMENT net profit stood at Rs 7 billion for the quarter ended March 2020, compared to a profit of Rs 7 billion a year ago. Net Sales declined 12.3% to Rs 62.5 billion during the period as against Rs 71.3 billion in January-March 2019.

For the year ended December 2018, AMBUJA CEMENT reported 61.1% increase in net profit to Rs 31.1 billion compared to net profit of Rs 19.3 billion during FY17.

Revenue of the company grew 3.0% to Rs 260 billion during FY18.

The current Price to earnings ratio of AMBUJA CEMENT, based on rolling 12 month earnings, stands at 14.8x.