Ambuja Cements rises on reporting 35% jump in Q2 net

26 Jul 2012

Ambuja Cements is currently trading at Rs. 179.65, up by 5.65 points or 3.25% from its previous closing of Rs. 174.00 on the BSE.

The scrip opened at Rs. 175.00 and has touched a high and low of Rs. 180.00 and Rs. 175.00 respectively. So far 22, 50,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 182.00 on 07-Feb-2012 and a 52 week low of Rs. 119.90 on 09-Aug-2011.

Last one week high and low of the scrip stood at Rs. 180.00 and Rs. 166.50 respectively. The current market cap of the company is Rs. 27,631 crore.

The promoters holding in the company stood at 50.17% while Institutions and Non-Institutions held 38.65% and 8.54% respectively.

On standalone basis, the company has posted a rise of 34.93% in its net profit at Rs 468.90 crore for the quarter ended June 30, 2012 as compared to Rs 347.50 crore for the same quarter in the previous year.  Total income has increased by 17.76% at Rs 2578.45 crore for quarter under review as compared to Rs 2189.51 crore for the quarter ended June 30, 2011.

Ambuja Cements was set up in 1986. In the last decade the company has grown tenfold. The total cement capacity of the company is 18.5 million tones. Its plants are some of the most efficient in the world. With environment protection measures that are on par with the finest in the developed

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Ambuja Cement Share Price

273.65 -5.95 (-2.13%) Feb 26, 18:55
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Ultratech Cement 6114.60
ACC 1732.95
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Ambuja Cement 273.65
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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