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    Shree Cements shares rise 0.7% as Sensex slides

    Synopsis

    A total of 751 shares changed hands on the counter till 11:12AM (IST)

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    Shares of the Ltd. traded at Rs 28015.1 on BSE at 11:12AM (IST) on Wednesday, up 0.7 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 20103.1 and a high of Rs 32050.0.

    Earlier, shares of the company saw a gap down opening in the morning.

    A total of 751 lakh shares changed hands on the counter till 11:12AM (IST).

    The stock of Shree Cements Ltd. commands a market value of Rs 100995.97 crore.

    The stock traded at a price-to-earning (P/E) multiple of 39.05, while the price-to-book value ratio stood at 6.91. Return on equity (ROE) was at 14.84 per cent, according to exchange data.

    In the BSE500 pack, 156 stocks traded in the green, while 344 stocks were in the red.

    Promotor Holding
    Promoters held 62.55 per cent in the Shree Cements Ltd. as of 30-Sep-2021 while foreign and domestic institutional investors owned 13.53 per cent and 10.1 per cent, respectively.
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