Shree Cements share price down 2.49 per cent
Shree Cements Ltd. traded 2.49 per cent up at Rs 25471.2 at around 02:04PM (IST) on Wednesday. The stock had closed at Rs 26121.95 in the previous session. Equity benchmark Sensex traded 620.75 points higher at 79213.82 around the same time.
The scrip has climbed 5.01 per cent in the last one year till date, while the 30-share index has gained 18.75 per cent during the same period.
The stock's 52-week high price stood at Rs 30710.15 and the 52-week low price at Rs 23431.9.
Trading volume on the counter stood at 1,266 shares, while it quoted a price-to-earnings ratio of 45.51, an EPS value of 582.58 and a price-to-book value of 4.48. In the Nifty50 pack, 41 stocks traded in the green, while 9 stocks were in the red.
Promoter/FII Holding Promoters held 62.55 per cent stake in the company as of 30-Jun-2024, while FII and MF ownership stood at 11.85 per cent and 7.91 per cent, respectively.
Key Financials For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 5263.09 crore, down 5.72 per cent from the previous quarter's Rs 5582.44 crore and down 0.56 per cent from the year-ago quarter's Rs 5233.9 crore. The company reported net profit of Rs 278.61 crore for the latest quarter.
Technical Indicators The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top
