Shree Cements Share Worth: Shree Cements shares up 1.14% as Nifty drops –

Shree Cements Share Worth: Shree Cements shares up 1.14% as Nifty drops

NEW DELHI: Shares of . traded 1.14 per cent up in Thursday’s commerce at 11:44AM (IST). Round 169 shares modified palms on the counter.

The counter opened at Rs 23900.0 and touched an intraday excessive and low of Rs 24350.0 and Rs 23878.95, respectively, within the session thus far. Shares of the corporate of Shree Cements Ltd. quoted a 52-week excessive of Rs 26990.1 and a 52-week low of Rs 17900.0.

As per BSE, the entire market cap of the Shree Cements Ltd. stood at Rs 87784.46 crore on the time of penning this report.

Key Financials
The corporate reported consolidated web gross sales of Rs 4197.37 crore for the quarter ended 30-Sep-2022, down 4.49 per cent from earlier quarter’s Rs 4394.75 crore and down 19.01 per cent from the year-ago quarter’s Rs 3526.95 crore.

The online revenue for up to date quarter stood at Rs 183.36 crore, down 67.42 per cent from the corresponding quarter final 12 months.

Shareholding sample
As of 31-Dec-2022, DIIs held 7.07 per cent stake within the agency, whereas overseas institutional buyers held 11.85 per cent and the promoters 62.55 per cent.
Valuation ratio
In response to BSE knowledge, the inventory traded at a price-to-earnings a number of of 54.79 and a price-to-book ratio of 4.96. The next P/E ratio reveals buyers are prepared to pay a better worth due to higher future progress expectations. Worth-to-book worth signifies the inherent worth of an organization and is the measure of the worth that buyers are able to pay even for no progress within the enterprise.

Shree Cements Ltd. belongs to the Cement – North business.

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