Ambuja Cements soars on reporting 13% rise in Q4 consolidated net profit

Ambuja Cements is currently trading at Rs. 391.35, up by 7.65 points or 1.99% from its previous closing of Rs. 383.70 on the BSE.

Ambuja Cements
Ambuja Cements

The scrip opened at Rs. 394.30 and has touched a high and low of Rs. 397.55 and Rs. 388.85 respectively. So far 184652 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 598.15 on 09-Dec-2022 and a 52 week low of Rs. 274.00 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 406.85 and Rs. 315.30 respectively. The current market cap of the company is Rs. 76189.21 crore.

The promoters holding in the company stood at 63.22%, while Institutions and Non-Institutions held 27.63% and 9.14% respectively.

Ambuja Cements has reported rise of 45.96% in its net profit at Rs 368.99 crore for Q4 as compared to Rs 252.81 crore for the corresponding quarter previous year.

Total income of the company increased by 11.81% to Rs 4217.51 crore for the quarter under review as compared to Rs 3772.01 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 13.21% in its net profit at Rs 487.88 crore for Q4 as compared to Rs 430.97 crore for the same quarter in the previous year.

Total income of the company increased by 4.24% to Rs 8036.46 crore for the quarter under review as compared to Rs 7709.61 crore for the same quarter in the previous year.

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