3 days Ago
Shares of Ambuja Cements Ltd. traded 0.14 per cent lower in Monday's session at 12:37PM (IST).
The stock opened at Rs 630.8 and has touched an intraday high and low of Rs 635.4 and Rs 626.
5, respectively, during the session so far. The stock quoted a 52-week high of Rs 706.85 and a 52-week low of 404.
0. About 21,780 shares changed hands on the counter so far. Benchmark Nifty50 was up 6.
0 points at 25362.5, while the BSE Sensex traded 3.8 points lower at 82887.
14 at the time of writing of this report. In the Nifty pack, 28 stocks traded the day in the green, while 22 were in the red. Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Key Financials For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 8666.
2 crore, down 5.05 per cent from the previous quarter's Rs 9127.45 crore and down 3.
45 per cent from the year-ago quarter. The company reported net profit of Rs 646.31 crore for the latest quarter.
Promoter Holdings Promoters held 70.33 per cent stake in the company as of 30-Jun-2024, while FIIs held 9.59 per cent and MFs 5.
53 per cent. Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 601.29 on September 16, while the 50-DMA was at Rs 648.
2. 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 well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
(You can now subscribe to our ETMarkets WhatsApp channel ).
