Ambuja Cement, the third largest cement
company in India, gained on Friday after itreported strong
September quarter earnings.
The company has registered a surge of 77.77% in net profit for
the quarter ended Sept. 30, 2012. During the quarter, the profit of
the company increased to Rs 3.04 billion from Rs 1.71 billion for
the quarter ended Sept. 30, 2011. This was driven by higher sales
realization and improved operational efficiencies.
Net sales grew 20% to Rs 21.68 billion,
while total income rose 19.65% to Rs 22.65 billion, when compared
with prior year period.Shares ofthe companyare trading at Rs
206.45, up Rs 2.85, or 1.40% at the Bombay Stock Exchange (BSE) on
Friday at 9:35 a.m.The scrip has touched an intra-day high of Rs
208.25 and low of Rs 203.25. The total volume of shares traded at
the BSE is 94,346.In the earlier session, the shares rose 0.2%, or
Rs 0.40, at Rs 203.60. Currently, the stock is trading down 6.46%
from its 52-week high of Rs 220.70 and above 52.25% over the
52-week low of Rs 135.60.
Share Price Movement Period Pricein Rs
Gain/(Loss) in Rs in % 1 Week 214.95 (11.35) (5.28) 1 Month 192.15
11.45 5.96 3 Months 168.85 34.75 20.58 6 Months 160.70 42.90 26.70
1 Year 154.05 49.55 32.16 Note: Based on previous day closing