Shree Cements Share Price: Shree Cements shares drop 1.56% as Sensex falls

Shares of Ltd. traded 1.56 per cent down at Rs 28860.0 at 12:09PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 22.69 points to 59276.63. The stock had settled at Rs 29317.0 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 32050.0 and Rs 19973.55, respectively.

As per BSE data, total traded volume on the counter till 12:09PM (IST) stood at 12:09PM shares with turnover at Rs 1.34 crore.



At the current price, the stock trades at 40.33 times its trailing 12-month EPS of Rs 716.77 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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