₹23971.6
0.80%
Low
Day's Volatility:3.00%
High
2.20%
5.70%
Low
52 Weeks Volatility:33.92%
High
28.23%
Returns % | |
1 Month Return | -5.12 % |
3 Month Return | -12.81 % |
1 Year Return | 1.21 % |
Market Stats | |
Previous Close | ₹24,369.15 |
Open | ₹24,451.00 |
Volume | 48.30K |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹87,925.72Cr |
based on 37 analysts
Based on 37 analysts offering long term price targets for Shree Cement Ltd. An average target of ₹28184.7
Source: S&P Global Market Intelligence
Organisation | Shree Cement Ltd |
Headquarters | Kolkata |
Industry | Cement |
E-voting on shares | Click here to vote |
Today's Timeline - 25 Apr
03:38 PM
-Shree Cement in talks with Australian firm for technical assistance on a $600-700 million lithium refinery.
05:49 PM
-Shree Cement joins RE100 initiative, committing to 100% renewable electricity by 2050. Plans to invest Rs. 700 crores in installing 148 MW plants across five states in FY2025.
Key events for Shree Cement Ltd
Shree Cement has committed to transitioning all operations to 100% renewable electricity by 2050 through significant investments in solar and wind power plants. The company is also in talks with an Australian firm for technical assistance on a $600-700 million lithium refinery.
Shree Cement's Earnings Growth Rate Lags Shareholder Returns - 19 Apr, 2024
Shree Cement's earnings per share grew at 17% annually over the past five years, while its share price only gained 4%. However, total shareholder return (TSR) including dividends was 25%, exceeding the share price return. The market may not be enthusiastic about the stock currently.
Shree Cement Expected to Report 2% YoY Increase in Net Profit - 17 Apr, 2024
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.
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.
FII Holding Up
Foreign Institutions have increased holdings from 12.30% to 12.48% in Mar 2024 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
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
Against Peers
In the last 1 year, Ambuja Cements Ltd has given 68.5% return, outperforming this stock by 67.3%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 62.55% of holdings in Mar 2024 quarter
Against Peers
In the last 3 years, Ambuja Cements Ltd has given 112.4% return, outperforming this stock by 125.6%
Price Dip
In the last 3 years, SHREECEM stock has moved down by -13.2%
MF Holding Down
Mutual Funds have decreased holdings from 7.72% to 7.55% in Mar 2024 quarter
Shree Cement Ltd in the last 5 years
Lowest (27.92x)
June 17, 2022
Today (39.14x)
April 24, 2024
Industry (63.50x)
April 24, 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 ₹23971.6
Shree Cement Ltd is listed on NSE
Shree Cement Ltd is listed on BSE
PE Ratio of Shree Cement Ltd is 39.14
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 48.30K.
Today’s market capitalisation of Shree Cement Ltd(SHREECEM) is ₹87925.72Cr.
Shree Cement Ltd(SHREECEM | Price |
---|---|
52 Week High | ₹30737.75 |
52 Week Low | ₹22605.6 |
Shree Cement Ltd(SHREECEM) share price is ₹23971.6. It is down -22.01% from its 52 Week High price of ₹30737.75
Shree Cement Ltd(SHREECEM) share price is ₹23971.6. It is up 6.04% from its 52 Week Low price of ₹22605.6
Shree Cement Ltd(SHREECEM | Returns |
---|---|
1 Day Returns | -397.55% |
1 Month Returns | -5.12% |
3 Month Returns | -12.81% |
1 Year Returns | 1.21% |