Home BusinessAmbuja Cements slips on poor nos
Ambuja Cements finally ended at Rs 95, down 2% from the previous close. Heavy volumes of 1.57 million shares were traded on the BSE as compared to the two-week daily average volumes of 916,782 shares.
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The stock today opened at Rs 100 and then slipped to a low of Rs 93. The scrip is now trading at Rs 95, down 2% from the previous close. Around 536,705 shares have been traded on the counter at the BSE,
The company yesterday reported a 43.7% slips in net profit to Rs 325 crore as compared to Rs 577 crore in the previous quarter, a year ago.
However, the net sales recorded a 18% growth to Rs 1,847 crore as compared to Rs 1,564 crore during the period.