Ambuja Cements fell 3.8% to Rs 211.10 at 14:44 IST on BSE after a large bulk deal of 3.82 crore shares was executed on the scrip at Rs 225 per share in opening trade on BSE.
Meanwhile, the S&P BSE Sensex was down 382.71 points or 1.43% at 26,436.11
Bulk deal boosted volume on the scrip. On BSE, so far 4.48 crore shares were traded in the counter as against average daily volume of 2.01 lakh shares in the past two weeks. The stock hit a high of Rs 241.25 and a low of Rs 210.25 so far during the day. The stock had hit a 52-week high of Rs 282 on 31 August 2016. The stock had hit a 52-week low of Rs 185 on 29 February 2016.
The large-cap company has an equity capital of Rs 397.13 crore. Face value per share is Rs 2.
Ambuja Cements' consolidated net profit rose 40.39% to Rs 216.11 crore on 113.81% growth in total income to Rs 4678.45 crore in Q3 September 2016 over Q3 September 2015.
Ambuja Cements is engaged in manufacturing and marketing cement and clinker for both domestic and exports. The company sells cement under the Ambuja Cement brand.
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