Shree Cements shares gain 0.11% as Sensex rises

economictimes.indiatimes.com:

Shree Cements Ltd. traded 0.11 per cent up at Rs 25740.25 at 11:56AM (IST) on Wednesday, even as BSE benchmark Sensex gained 112.29 points to 82033.58. The scrip had settled at Rs 25711.4 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 30710.15 and Rs 23714.05, respectively.

As per BSE data, total traded volume on the counter till 11:56AM (IST) stood at 11:56AM shares with turnover at Rs 0.58 crore.
At the current price, the stock trades at 44.07 times its trailing 12-month earnings per share of Rs 582.58 per share and 4.48 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

• Stock Trading

  Market 101: An Insight into Trendlines and Momentum

  By — Rohit Srivastava, Founder

• Stock Trading

  Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading

  By — Rohit Srivastava, Founder

• Stock Trading

  Market 103: Mastering Trends with RMI and Techno-Funda Insights

  By — Rohit Srivastava, Founder

• Stock Trading

  Market 104: Options Trading: Kickstart Your F&O Adventure

  By — Saketh R, Founder- QuickAlpha, Full Time Options Trader

• Stock Trading

  Introduction to Technical Analysis & Candlestick Theory

  By — Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert

The Beta value of the stock, which