Shree Cement Ltd

SHREECEM06 Dec 2024
Cement
+436.05 (+1.64%)
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To Invest in Shree Cement Ltd
Shree Cement Ltd
Cement
SHREECEM06 Dec 2024
+436.05 (+1.64%)
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Shree Cement Ltd - Share Price & Details

Traded Volume
Market Cap(Cr)
Avg Traded Price
1 Year return
-4.98%
Upper Circuit
Lower Circuit
P/E TTM
53.14
P/B Ratio
4.66
Traded Value(Cr)
0.23
EPS TTM
500.77
Book value
Dividend
0.39%

Invest in Shree Cement Ltd at ZERO Brokerage for 30 days

Price Performance

4.16 %
1 Wk
7.74 %
1 M
3.69 %
3 M
-4.98 %
1 Y
-6.51 %
YTD

Traded Volume Movement

Technical Details

Support 3
26135
Support 2
26325
Support 1
26685
Pivot Point :
26875
Resistance 1
27235
Resistance 2
27425
Resistance 3
27785

Reports

Peer Comparison

Scrip NamePriceDaily ChangeM.Cap (Cr)1 Year Returns %P/E (TTM)PB Ratio
Shree Cement Ltd
₹27,044.05(+436.05/1.64%)
27,044.05+436.0596,003.65-4.9853.144.66
K C P Ltd
₹255.48(+4.28/1.70%)
255.48+4.283,238.5070.5466.234.69
India Cements Ltd
₹358.85(-7.45/-2.03%)
358.85-7.4511,351.5344.100.002.18
Orient Cement Ltd
₹341.10(-1.80/-0.52%)
341.10-1.807,024.9535.0846.084.00
Ambuja Cements Ltd
₹568.25(-2.85/-0.50%)
568.25-2.85140,668.9812.1965.873.06
Andhra Cements Ltd
₹85.15(-1.94/-2.23%)
85.15-1.94802.73-7.940.003.37

About Shree Cement Ltd

Shree Cement Ltd is in the Cement sector, having a market capitalization of Rs. 96008.53 crores. It has reported a sales of Rs. 3727 crores and a net profit of Rs. 93.13 crores for the quarter ended December 2018. The company management includes B G Bangur, B G Bangur,H M Bangur,Shreekant Somany,S S Khandelwal,Prashant Bangur,Sanjiv Krishnaji Shelgikar,Uma Ghurka,Zubair Ahmed,Neeraj Akhoury,S K Roongta (Shree Cement Ltd) among others.
Chairman
B G Bangur
Registered office
Bangur Nagar,P B No 33 Beawar,Ajmer,Rajasthan,305901
FAX :91-1462-228117/228119/228117
Background
Incorporation Year1979
Face Value₹10
Market Lot1

Latest News

Sensex, Nifty see sharp recovery after RBI MPC cuts CRR by 50 bps to 4%

The benchmark indices staged a sharp recovery on Friday, December 6, with the S&P BSE Sensex gaining over 400 points and the NSE Nifty50 nearing 24,800 levels. This was after the Reserve Bank of India decided to reduce the cash reserve ratio (CRR) by 50 basis points to 4%, easing growth-related investor concerns. However, the central bank kept the repo rate unchanged at 6.5%.
06 Dec 2024 | 11:29 AM

📢 Benchmark indices open on a flat note today; Nifty near 24,700

📈 Amid mixed global cues, benchmark indices started on a flat note today.
📊 At 9:16 AM, the Sensex gained 17.11 points or 0.02% at 81,782.97 and the Nifty was down 3.10 points or 0.01% at 24,705.30. 📢BSE (⬆️3.13%), Trent (⬆️1.72%) and CDSL (⬆️1.38%) appeared as the top performers on the Nifty50 at open.
06 Dec 2024 | 09:23 AM

📢 Benchmark indices open on a flat note today; Nifty near 24,700

📈 Amid mixed global cues, benchmark indices started on a flat note today.
📊 At 9:16 AM, the Sensex gained 17.11 points or 0.02% at 81,782.97 and the Nifty was down 3.10 points or 0.01% at 24,705.30. 📢BSE (⬆️3.13%), Trent (⬆️1.72%) and CDSL (⬆️1.38%) appeared as the top performers on the Nifty50 at open.
06 Dec 2024 | 09:22 AM

Sensex, Nifty see sharp recovery after RBI MPC cuts CRR by 50 bps to 4%

The benchmark indices staged a sharp recovery on Friday, December 6, with the S&P BSE Sensex gaining over 400 points and the NSE Nifty50 nearing 24,800 levels. This was after the Reserve Bank of India decided to reduce the cash reserve ratio (CRR) by 50 basis points to 4%, easing growth-related investor concerns. However, the central bank kept the repo rate unchanged at 6.5%.
06 Dec 2024 | 11:29 AM

Morgan Stanley sees Sensex at 93,000 by December 2025 in base case

Morgan Stanley has projected a 14 percent upside for the BSE Sensex, expecting it to reach 93,000 by December 2025 in its base case. A bullish scenario could push the Sensex to 1,05,000, while a bearish outlook places it at 70,000. Morgan Stanley has reiterated its bullish stance on India, predicting it will rank among the best-performing emerging markets in 2025.
06 Dec 2024 | 09:43 AM

How to buy Shree Cement Ltd shares on nse?

To buy Shree Cement Ltd shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the Shree Cement Ltd share price today?

The Shree Cement Ltd shares price on nse is Rs.27044.05 today.

What is the market cap of Shree Cement Ltd shares on NSE ?

The company has a market capitalization of Rs.96003.65Cr

What is the PE & PB ratio of Shree Cement Ltd shares ?

PE is 53.14 and PB is 4.66

What is the 52 Week High and Low of Shree Cement Ltd shares?

Shree Cement Ltd stock price high: Rs.30737.75 Shree Cement Ltd stock price low: Rs.23500

What can be the future price of Shree Cement shares on NSE?

The current price of Shree Cement on NSE is 24132.80 as of 25 April 2023 at 4:44 PM. 

Determining future prices depends on different factors which may potentially affect the stock. These include: 

  • Demand in the sector
  • Demand for products due to growing infrastructure in the country
  • Industry trends
  • Regulations
  • Supply of products
  • Innovation and technology
  • Market trends

Is it safe to buy Shree Cement?

Shree Cement has a net sales of Rs. 15009.56 in March 2022, and a net profit of Rs. 2336.61   in March 2022. 

Having said that, whether it is safe to buy Shree Cement stocks or not is related to a variety of factors to consider. The evaluation of the company's financial performance, the company’s management team, market and industry trends, macroeconomic factors and other variables must be made before thinking of whether to buy stocks or not.

 

What is the current market value per share of Shree Cement?

The current share price of Shree Cement is Rs. 24132.80/share as of 25 April 2023 at 4:44 PM on NSE.

Does Shree Cement have any debts?

Shree Cement has a debt of Rs. 2933 crores as on 25 April 2023. 

Will Shree Cement share price increase?

Deciding whether Shree Cement share price will increase or not is dependent on many variables. The elements to consider are: 

  • Demand for products
  • Market reach
  • Market trends
  • Economic conditions
  • Macroeconomic factors

Should I buy or sell Shree Cement?

As on 26th April 2023, Shree Cement has given returns of +26.46% over 3 years on its stock. 

Nonetheless, decisions on whether to buy or sell stocks are based on several factors. These may include: 

  • Investors’ financial goals
  • Company’s performance
  • Company’s future prospects for growth
  • Trends in the industry
  • Trends in the market