Ambuja Cements stock price down 0.49 per cent as Sensex climbs

Shares of . fell 0.49 per cent to Rs 559.45 at 12:44PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 68,447 shares with a turnover of Rs 3.84 crore till 12:44PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 61.95, while the price-to-book value ratio stood at 2.96.
Return on equity (ROE) was at 10.96 per cent, according to exchange data. The stock hit an intraday high of Rs 567.15 and a low of Rs 558.4 during the session and quoted a 52-week high price of Rs 593.75 and a 52-week low of Rs 274.0.
The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.44.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 404.09 on November 24, while the 50-DMA was at Rs 533.04. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 55.55. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Sep-2022, promoters held 63.22 per cent stake in the company, while overseas investors held 12.82 per cent and domestic institutional investors had 16.23 per cent.