Shree Cements rises 0.51% as Sensex climbs

economictimes.indiatimes.com:

Shree Cements Ltd. traded at Rs 27622.95 on BSE at 01:08PM (IST) on Friday, up 0.51 per cent from previous close.
The scrip quoted a 52-week low price of Rs 23431.9 and a high of Rs 30710.15.

Earlier, shares of the company saw a gap up opening in the morning.
A total of 177 lakh shares changed hands on the counter till 01:08PM (IST).
The stock of Shree Cements Ltd. commanded a market value of Rs 99665.67 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 41.6, 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, 411 stocks traded in the green, while 90 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 foreign portfolio investors 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 26556.27 on July 26, while the 50-DMA was at 26903.66. 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.