Share price of Shree Cements as Sensex drops 126.76 points
Shree Cements Ltd. 2.83 per cent to Rs 26800.00 at 10:47AM (IST) in Monday's trade. The scrip has hit a high of Rs 26844.95 and low of Rs 26052.00 so far during the session. The stock had closed at Rs 26060.15 in the previous session.
The counter has had a total traded volume of 308 shares so far with a value of Rs 0.82 crore on the NSE. It traded at a price-to-earnings multiple of 55.72 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 0.69 per cent during the past one year, while the 30-share index advanced 19.09000015258789 per cent during the same period.
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