NEW DELHI: Shares of Shree Cements traded 1.17 per cent up in Friday 's trade at 11:25AM (IST). Around 154 shares changed hands on the counter.

The counter opened at Rs 18850.0 and touched an intraday high and low of Rs 18850.0 and Rs 18469.6 , respectively, in the session so far. The stock quoted a 52-week high of Rs 25341.2 and a 52-week low of Rs 15500.0 .

Market cap of the company stood at Rs 66933.22 crore on May 08.

Shree Cement is likely to post over 20 per cent year-on-year-rise in net profit for the March quarter with improved realisations.

Key Financials
The company reported consolidated sales of Rs 3146.01 crore for the quarter ended 31-Dec-2019 , up 4.71 per cent from previous quarter's Rs 3004.45 crore and up 0.2 per cent from the year-ago quarter's Rs 3139.76 crore.

Bottomline for the latest quarter stood at Rs 309.63 crore, down -5.18 per cent from the same quarter a year ago .

Shareholding pattern
As of 31-Mar-2020 , domestic institutional investors held 2.87 per cent stake in the company , while foreign institutional investors held 11.9 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 49.95 and a price-to-book ratio of 6.64 . 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.