The scrip opened at Rs 26895.0 and touched an intraday high and low of Rs 26936.05 and Rs 26629.75, 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.
Total market cap of the Shree Cements Ltd. stood at Rs 97165.45 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 3775.94 crore for the quarter ended 30-Jun-2021, down 12.86 per cent from previous quarter’s Rs 4333.37 crore and down 44.86 per cent from the year-ago quarter’s Rs 2606.58 crore.
The net profit for latest quarter stood at Rs 629.9 crore, up 91.11 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 7.92 per cent stake in the firm, while foreign institutional investors held 13.02 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 37.57 and a price-to-book ratio of 6.91. 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.
