The scrip opened at Rs 25501.0 and touched an intraday high and low of Rs 26154.65 and Rs 25400.15, respectively, in the session so far. Shares of the company of Shree Cements Ltd. quoted a 52-week high of Rs 32050.0 and a 52-week low of Rs 22600.0.
Total market cap of the Shree Cements Ltd. stood at Rs 94073.33 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 3526.95 crore for the quarter ended 30-Sep-2021, down 6.59 per cent from previous quarter’s Rs 3775.94 crore and down 5.18 per cent from the year-ago quarter’s Rs 3353.33 crore.
The net profit for latest quarter stood at Rs 562.83 crore, up 6.8 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Sep-2021, domestic institutional investors held 7.64 per cent stake in the firm, while foreign institutional investors held 13.53 per cent and the promoters 62.55 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 35.88 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.
