Ambuja Cements shares increase when the Nifty increases.
Synopsis
The stock's 200-day moving average was Rs. 458.26 on the technical charts.
As of 10:41 AM (IST) on Monday, Ambuja Cements Ltd. shares were up 0.4% to Rs 439.5. During the session, it reached a high of Rs 441.5 and a low of Rs 436.9.
The stock's 52-week high and low prices were Rs. 598.15 and Rs. 315.3, respectively. 8.14% represented the stock's return on equity. On the counter, around 31,968 shares have been traded thus far.
The stock's beta score, which gauges volatility relative to the overall market, was 1.44.
The stock has outperformed the market, rising 19.8% over the past year compared to the Sensex's rise of 13.48%.
Technicals
On the technical charts, the stock's 200-day moving average (DMA) was Rs 315.3 and the 50-DMA was Rs 396.35 on June 5. A stock is typically in the near trend if it trades substantially above its 50-DMA and 200-DMA.
Entrepreneur/FII Holding
As of March 31, 2023, promoters owned 0% of Ambuja Cements Ltd. Mutual funds and international institutional investors respectively controlled 5.79 and 11.15 percent of the company.

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