Ambuja Cements gains despite reporting 39% fall in Q1 net profit

29 Apr 2015

Ambuja Cements is currently trading at Rs. 237.25, up by 6.50 points or 2.82 % from its previous closing of Rs. 230.75 on the BSE.

The scrip opened at Rs. 229.60 and has touched a high and low of Rs. 239.40 and Rs. 228.50 respectively. So far 330435 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 286.85 on 03-Mar-2015 and a 52 week low of Rs. 192.35 on 09-May-2014.

Last one week high and low of the scrip stood at Rs. 246.90 and Rs. 224.40 respectively. The current market cap of the company is Rs. 36793.38 crore.

The promoters holding in the company stood at 50.34 % while Institutions and Non-Institutions held 40.00 % and 7.58 % respectively.

Ambuja Cements has reported 38.91% fall in its net profit at Rs 317.69 crore for first quarter ended March 31, 2015 as compared to Rs 520.01 crore for the same quarter in the previous year. Total income of the company has decreased by 8.02% at Rs 2558.14 crore for quarter under review as compared to Rs 2781.19 crore for the quarter ended March 31, 2014.

Ambuja Cement is a part of a global conglomerate Holcim. The company has five integrated cement manufacturing plants and eight cement grinding units across the country.

Related Ambuja Cements Ltd. Links:

Ambuja Cement Share Price

306.80 0.00 (0.00%) May 05, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323