Ambuja Cements declined 1.27% to Rs 77.80 even as the company posted 8.4% growth in production to 13.77 lakh tonnes in September 2008 over September 2007.
The stock hit a high of Rs 78.85 and a low of Rs 76.55 during the day. The stock has a 52-week high of Rs 160.90 on 4 December 2007 and a low of Rs 68.70 on 3 July 2008.
The company’s current equity is Rs 304.52 crore. Face value per share is Rs 2.
The current price of Rs 77.80 discounts Q2 June 2008 annualized EPS of Rs 15.16, a PE multiple of 5.13.
The company’s shipments rose 6.2% to 13.68 lakh tonnes in September 2008 over September 2007.
Ambuja Cements’ net profit declined 32.50% to Rs 577.02 crore on 8.20% increase in net sales to Rs 1569.77 crore in Q2 June 2008 over Q2 June 2007.
Ambuja Cements is engaged in manufacturing and marketing cement and clinker for both domestic and exports markets. It is north India’s largest cement maker in terms of sales.
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