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    Shree Cements shares rise 0.05% as Sensex climbs

    Synopsis

    A total of 157 shares changed hands on the counter till 11:37AM (IST)

    Tech View
    Analysts see 15,900 to continue to pose as the immediate resistance.
    Shares of the Shree Cements Ltd. traded at Rs 24304.1 on BSE at 11:37AM (IST) on Tuesday, up 0.05 per cent from previous close.

    The stock quoted a 52-week low price of Rs 17900.0 and a high of Rs 27932.6.

    Earlier, the stock saw a gap up opening in the morning.

    A total of 157 lakh shares changed hands on the counter till 11:37AM (IST).

    The stock of Shree Cements Ltd. commands a market value of Rs 87582.41 crore.

    The stock traded at a price-to-earning (P/E) multiple of 54.67, while the price-to-book value ratio stood at 4.96. Return on equity (ROE) was at 13.35 per cent, according to exchange data.

    In the BSE500 pack, 312 stocks traded in the green, while 188 stocks were in the red.

    Promotor Holding
    Promoters held 62.55 per cent in the Shree Cements Ltd. as of 30-Sep-2022 while foreign and domestic institutional investors owned 11.85 per cent and 10.79 per cent, respectively.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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