Ambuja Cements Share Price: Ambuja Cements stock price down 1.63 per cent as Sensex slides

Shares of Ambuja Cements Ltd. fell 1.63 per cent to Rs 547.55 at 11:55AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 53,757 shares with a turnover of Rs 2.96 crore till 11:55AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 45.2, while the price-to-book value ratio stood at 3.25.

Return on equity (ROE) was at 9.24 per cent, according to exchange data. The stock hit an intraday high of Rs 558.05 and a low of Rs 546.55 during the session and quoted a 52-week high price of Rs 706.85 and a 52-week low of Rs 408.6.

The stock’s beta value, which measures its volatility in relation to the broader…

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