ReutersNEW DELHI: Shares of Shree Cements Ltd. traded 4.09 per cent up in Friday's trade at 12:53PM (IST). Around 975 shares changed hands on the counter.
The scrip opened at Rs 23740.4 and touched an intraday high and low of Rs 24089.5 and Rs 23499.25, respectively, in the session so far. Shares of the company of Shree Cements Ltd. quoted a 52-week high of Rs 32050.0 and a 52-week low of Rs 22849.35.
As per BSE, the total market cap of the Shree Cements Ltd. stood at Rs 83260.66 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 3750.96 crore for the quarter ended 31-Dec-2021, up 6.35 per cent from previous quarter's Rs 3526.95 crore and up 2.78 per cent from the year-ago quarter's Rs 3649.38 crore.
The net profit for latest quarter stood at Rs 481.97 crore, down 23.6 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2021, DIIs held 7.74 per cent stake in the company, while foreign institutional investors held 13.05 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 33.67 and a price-to-book ratio of 6.91. 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.
The scrip opened at Rs 23740.4 and touched an intraday high and low of Rs 24089.5 and Rs 23499.25, respectively, in the session so far. Shares of the company of Shree Cements Ltd. quoted a 52-week high of Rs 32050.0 and a 52-week low of Rs 22849.35.
As per BSE, the total market cap of the Shree Cements Ltd. stood at Rs 83260.66 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 3750.96 crore for the quarter ended 31-Dec-2021, up 6.35 per cent from previous quarter's Rs 3526.95 crore and up 2.78 per cent from the year-ago quarter's Rs 3649.38 crore.
The net profit for latest quarter stood at Rs 481.97 crore, down 23.6 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2021, DIIs held 7.74 per cent stake in the company, while foreign institutional investors held 13.05 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 33.67 and a price-to-book ratio of 6.91. 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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