₹24882.55
0.34%
Low
Day's Volatility:1.81%
High
1.47%
9.15%
Low
52 Weeks Volatility:32.68%
High
23.53%
Returns % | |
1 Month Return | -1.82 % |
3 Month Return | -4.8 % |
1 Year Return | -2.54 % |
Market Stats | |
Previous Close | ₹25,296.20 |
Open | ₹25,248.20 |
Volume | 13.00K |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹89,778.10Cr |
based on 37 analysts
Based on 37 analysts offering long term price targets for Shree Cement Ltd. An average target of ₹28209.11
Source: S&P Global Market Intelligence
Organisation | Shree Cement Ltd |
Headquarters | Kolkata |
Industry | Cement |
E-voting on shares | Click here to vote |
Key events for Shree Cement Ltd
Prabhudas Lilladher expects Shree Cement's net profit to increase by 2% YoY to Rs. 557.2 crore, with net sales expected to rise by 1.9% YoY to Rs. 4,875.4 crore. EBITDA is likely to increase by 25.6% YoY to Rs. 1,120.8 crore.
Cement Stocks Slide Despite Healthy Demand - 16 Apr, 2024
Shree Cement's stock is among those that have been sliding due to oversupply and valuation concerns despite healthy demand from government infrastructure projects. Analysts suggest that companies managing margins well will see buying interest.
Shree Cement Commissions New Plant Ahead of Schedule - 03 Apr, 2024
Shree Cement has commissioned its new integrated plant at Dachepalli village, Guntur in Andhra Pradesh six months ahead of schedule, taking the firm's total manufacturing capacity to 56.4 million tonnes per annum. The state-of-the-art facility is designed with a high focus on organic route and environmental sustainability.
Shree Cement Inaugurates New Plant, Eyes Offshore Mining Foray - 02 Apr, 2024
Shree Cement inaugurated a new integrated plant in Andhra Pradesh, increasing manufacturing capacity to 56.4 MTPA. The company is also eyeing offshore mining foray to secure raw materials. Anand Rathi Research favors Shree Cement and Ultratech Cement among large caps. The newly inaugurated plant places significant emphasis on environmental sustainability.
Shree Cement Receives Neutral Rating from MOSL - 27 Mar, 2024
Shree Cement receives a neutral rating from Motilal Oswal Financial Services with a target price of INR 27,700. The company plans to increase its grinding capacity organically while EBITDA estimates have been cut due to pricing pressure.
Shree Cement Launches Bangur Concrete, Expands RMC Capacity - 23 Mar, 2024
Shree Cement has launched its first Greenfield Ready Mix Concrete plant in Hyderabad with a capacity of 90 cubic meters per hour. The company also acquired five operational plants of StarCrete LLP in Mumbai for ₹33.5 crore, bringing their combined RMC capacity to 512 cubic meters per hour. Managing Director Neeraj Akhoury said the move marks Shree Cement's entry into a promising new line of business.
Shree Cement Enters Ready-Mix-Concrete Segment - 22 Mar, 2024
Shree Cement has entered the ready-mix-concrete segment under the Bangur Concrete brand, launching its first RMC plant in Hyderabad. The company aims to be a multi-product player in the cement business and recently acquired five operational plants of StarCrete LLP in Mumbai for Rs 33.5 crore.
Shree Cement's Sound Financials Despite Share Price Drop - 21 Mar, 2024
Despite a 12% drop in share price over the past three months, Shree Cement's sound financials make it worth considering. The company's ROE will be closely watched.
Fundamentals of Shree Cement Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Revenue Rich
Revenue is up for the last 2 quarters, 4.93K Cr → 5.37K Cr (in ₹), with an average increase of 8.2% per quarter
Retail Holding Up
Retail Investor have increased holdings from 12.59% to 12.63% in Mar 2024 quarter
Profit Spike
Netprofit is up for the last 2 quarters, 446.63 Cr → 701.89 Cr (in ₹), with an average increase of 36.4% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 12.30% to 12.48% in Mar 2024 quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 62.55% of holdings in Mar 2024 quarter
Against Peers
In the last 1 year, Ambuja Cements Ltd has given 57.7% return, outperforming this stock by 60.3%
Against Peers
In the last 3 years, Ambuja Cements Ltd has given 105.2% return, outperforming this stock by 122.4%
MF Holding Down
Mutual Funds have decreased holdings from 7.72% to 7.55% in Mar 2024 quarter
Price Dip
In the last 3 years, SHREECEM stock has moved down by -17.2%
Shree Cement Ltd in the last 5 years
Lowest (27.92x)
June 17, 2022
Today (39.96x)
April 16, 2024
Industry (63.09x)
April 16, 2024
Highest (75.77x)
June 27, 2019
Funds | Holdings |
SBI Equity Hybrid Fund Direct Growth | 3.02% |
SBI Focused Equity Fund Direct Plan Growth | 2.39% |
Axis ELSS Tax Saver Fund Direct Plan Growth Option | 2.13% |
SBI Bluechip Fund Direct Growth | 1.58% |
UTI Flexi Cap Fund - Growth Option - Direct | 1.39% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 62.55% | 0.00 | |
Foreign Institutions | 12.47% | 0.00 | |
Mutual Funds | 7.55% | 0.00 | |
Retail Investors | 12.63% | 0.00 | |
Others | 4.79% | 0.00 |
Technicals of Shree Cement Ltd share
News & Events of Shree Cement Ltd
Shree Cement Ltd (SHREECEM) share price today is ₹24882.55
Shree Cement Ltd is listed on NSE
Shree Cement Ltd is listed on BSE
PE Ratio of Shree Cement Ltd is 39.96
PE ratio = Shree Cement Ltd Market price per share / Shree Cement Ltd Earnings per share
Today’s traded volume of Shree Cement Ltd(SHREECEM) is 13.00K.
Today’s market capitalisation of Shree Cement Ltd(SHREECEM) is ₹89778.1Cr.
Shree Cement Ltd(SHREECEM | Price |
---|---|
52 Week High | ₹30737.75 |
52 Week Low | ₹22605.6 |
Shree Cement Ltd(SHREECEM) share price is ₹24882.55. It is down -19.05% from its 52 Week High price of ₹30737.75
Shree Cement Ltd(SHREECEM) share price is ₹24882.55. It is up 10.07% from its 52 Week Low price of ₹22605.6
Shree Cement Ltd(SHREECEM | Returns |
---|---|
1 Day Returns | -413.65% |
1 Month Returns | -1.82% |
3 Month Returns | -4.8% |
1 Year Returns | -2.54% |