The stock opened at Rs 23976.0 and touched an intraday high and low of Rs 24400.0 and Rs 23926.25, respectively, in the session so far. Shares of the company of Shree Cements Ltd. quoted a 52-week high of Rs 27932.6 and a 52-week low of Rs 17900.0.
As per BSE, the total market cap of the Shree Cements Ltd. stood at Rs 87961.08 crore at the time of writing this report.
Key Financials
The net profit for latest quarter stood at Rs 183.36 crore, down 67.42 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2022, DIIs held 7.07 per cent stake in the company, while foreign institutional investors held 11.85 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 54.9 and a price-to-book ratio of 4.96. 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.
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