shree cements share price: Shree Cements shares drop 1.44% as Sensex falls

Shares of Ltd. traded 1.44 per cent down at Rs 27493.8 at 01:47PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 160.02 points to 52418.74. The scrip had settled at Rs 27895.15 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 32050.0 and Rs 18214.4, respectively.

As per BSE data, total traded volume on the counter till 01:47PM (IST) stood at 01:47PM shares with turnover at Rs 1.47 crore.

At the current price, the stock trades at 43.41 times its trailing 12-month earnings per share of Rs 633.54 per share and 6.91 times its price-to-book value, the exchange 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.16.


Shareholding Details

Promoters held 62.55 per cent stake in the company as of 30-Jun-2021, while FIIs owned 13.02 per cent and DIIs 10.48 per cent.

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