Shree Cements declines 0.38% as Sensex climbs

economictimes.indiatimes.com:

Shree Cements Ltd. traded at Rs 24751.65 on BSE at 12:33PM (IST) on Tuesday, down 0.38 per cent from previous close.
The scrip quoted a 52-week low price of Rs 23525.0 and a high of Rs 30710.15.

Earlier, shares of the company saw a gap up opening in the morning.
A total of 115 lakh shares changed hands on the counter till 12:33PM (IST).
The stock of Shree Cements Ltd. commanded a market value of Rs 90201.69 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 42.91, while the price-to-book value ratio stood at 4.48. Return on equity (ROE) was at 11.57 per cent, according to exchange data.
In the BSE500 pack, 286 stocks traded in the green, while 214 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.16.
Promotor/FII Holding Promoters held 62.55 per cent in Shree Cements Ltd. as of 30-Jun-2024 while overseas and domestic institutional investors owned 11.85 per cent and 7.91 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 26519.61 on August 20, while the 50-DMA was at 26955.35. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.