Ambuja Cements Share Price: Ambuja Cements shares 3.0% as Sensex rises
Shares of Ambuja Cements Ltd. traded 3.0 per cent at Rs 508.30 at 11:40AM (IST) on Wednesday, even as BSE benchmark Sensex 31.88 points to 80035.94. The stock had settled at Rs 493.45 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 706.85 and Rs 415.65, respectively.
As per BSE data, total traded volume on the counter till 11:40AM (IST) stood at 11:40AM shares with turnover at Rs 4.02 crore.
At the prevailing price, the stock trades at 41.90 times its trailing 12-month EPS of Rs 12.10 per share and 3.25 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value…
