Shree Cements Ltd. 0.0 per cent to Rs 27388.3 in Monday's trade as of 12:02PM (IST) even as the benchmark Nifty ruled at 23532.9, up 31.81 points.
The scrip had closed at Rs 27390.1 in the previous session. The stock quoted a 52-week low of Rs 22601.3 and a high of Rs 30710.15. The company quoted a market-cap of Rs 98447.04 crore on the BSE.
On BSE, 127 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 41.09 times its trailing 12-month EPS of Rs 663.98 per share and 4.48 times its book value. The return on equity (ROE) stood at Rs 11.57.
Key Financials For the quarter ended 31-Mar-2024, Shree Cements Ltd. reported consolidated sales of Rs 5582.44 crore, up 6.42 per cent from the same quarter a year ago. The company reported 28.36 per cent YoY growth in net profit at Rs 674.88 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.