Share price of Shree Cements as Sensex gains 171.03 points

The share price of Shree Cements Ltd. 0.0 per cent to Rs 27607.95 at 12:48PM (IST) in Monday's trade. The stock has hit a high of Rs 27725.95 and low of Rs 27480.1 so far during the session. The stock had closed at Rs 27605.25 in the previous session.

The counter has had a total traded volume of 122 shares so far with a value of Rs 0.34 crore on the NSE. It traded at a price-to-earnings multiple of 41.58 and a price-to-book ratio of 4.48.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 14.79 per cent during the past one year, while the 30-share index advanced 22.18 per cent during the same period.

Shree Cements Ltd. belongs to the Cement - North industry.

Promotor/FII Holding
Promoters held 62.55 per cent stake in the company as of 30-Jun-2024, while overseas investors and domestic institutional investors ownership stood at 11.85 per cent and 7.91 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 5582.44 crore for the quarter ended 31-Mar-2024, up 3.94 per cent from the previous quarter's Rs 5370.65 crore and up 6.42 per cent from the year-ago quarter's Rs 5245.91 crore.

Profit for the latest quarter stood at Rs 674.88 crore, up 28.36 per cent from the same quarter a year ago.