Ambuja Cements shares drop

Shares of Ambuja Cements fall as Nifty drops

On Wednesday’s trade, shares of Ambuja Cements Ltd dropped by 0.12 per cent at ₹379.95. a 52-week high price was hit at ₹442.95, whereas low price stood at ₹274. The return on equity was 10.96 per cent. The beta value (determining the volatility in market) of the stock was 1.44. As of August 10th, the 200-day moving average (DMA) was ₹274 while 50-DMA was ₹368.31. Changed hands on the counter are 21,844 shares. In one year, it has fallen down to 6.29 per cent. 0.0 per cent stakes have been held by promoters, meanwhile, Mutual Funds and foreign institutional investors held 7.04 per cent and 12.81 per cent stake.

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Vishvasni Chand

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