The counter had a total traded volume of 12:19PM shares so far with a turnover of Rs 1.16 crore on BSE. The stock traded at a price-to-earnings multiple of 39.45 and a price-to-book ratio of 6.91.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 62.55 per cent stake in the company as of 30-Sep-2021, while foreign investors and domestic institutional investors ownership stood at 13.53 per cent and 10.1 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 3775.94 crore for the quarter ended 30-Jun-2021, down 12.86 per cent from the previous quarter’s Rs 4333.37 crore and down 44.86 per cent from the year-ago quarter’s Rs 2606.58 crore.
Its profit for the latest quarter stood at Rs 629.9 crore, up 91.11 per cent from the same quarter a year ago.
