The scrip opened at Rs 28371.8 and touched an intraday high and low of Rs 28419.5 and Rs 28093.3, respectively, in the session so far. The stock of Shree Cements Ltd. quoted a 52-week high of Rs 32050.0 and a 52-week low of Rs 18214.4.
As per BSE, the total market cap of the Shree Cements Ltd. stood at Rs 101893.84 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 4333.37 crore for the quarter ended 31-Mar-2021, up 18.74 per cent from previous quarter’s Rs 3649.38 crore and up 23.34 per cent from the year-ago quarter’s Rs 3513.31 crore.
The net profit for latest quarter stood at Rs 798.43 crore, up 48.98 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 8.3 per cent stake in the firm, while foreign institutional investors held 12.51 per cent and the promoters 62.55 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 44.58 and a price-to-book ratio of 4.81. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Shree Cements Ltd. belongs to the Cement – North industry.
