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Ambuja Cements inches up on reporting 7% rise in Q3 consolidated net profit
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Ambuja Cements is currently trading at Rs. 383.95, up by 2.25 points or 0.59 % from its previous closing of Rs. 381.70 on the BSE.
The scrip opened at Rs. 386.20 and has touched a high and low of Rs. 386.20 and Rs. 380.90 respectively. So far 25421 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 442.95 on 08-Sep-2021 and a 52 week low of Rs. 225.90 on 21-Dec-2020.
Last one week high and low of the scrip stood at Rs. 395.20 and Rs. 365.95 respectively. The current market cap of the company is Rs. 76199.14 crore.
The promoters holding in the company stood at 63.26 % while Institutions and Non-Institutions held 30.13 % and 6.61 % respectively.
Ambuja Cements has reported 0.16% marginal rise in its net profit of Rs 441.23 crore for the quarter ended September 30, 2021 as against net profit of Rs 440.53 crore for the same quarter in the previous year. Total income of the company increased by 12.69% at Rs 3273.48 crore for quarter ended September 30, 2021 as compared Rs 2904.73 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 7.08% rise in its net profit attributed to the owners at Rs 665.81 crore for the quarter under review as against net profit of Rs 621.81 crore for the same quarter in the previous year. Total income of the company increased by 7.56% at Rs 6740.57 crore for quarter ended September 30, 2021 as compared to Rs 6266.55 crore for the corresponding quarter previous year.
