Share price of Shree Cements as Sensex drops 162.72 points
Shree Cements Ltd. 0.07 per cent to Rs 27292.00 at 12:06PM (IST) in Thursday's trade. The counter hit a high of Rs 27309.05 and low of Rs 27185.80 so far during the session. The stock had closed at Rs 27270.85 in the previous session.
The counter had a total traded volume of 12:06PM shares so far with a turnover of Rs 0.29 crore on BSE. The stock traded at a price-to-earnings multiple of 56.86 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 is the measure of the price that investors are ready to pay even for no growth in the business.
Shree Cements Ltd. belongs to the Cement — North industry.
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