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    Shree Cements shares decline 1.13% as Sensex slides

    Synopsis

    A total of 390 shares changed hands on the counter till 01:00PM (IST)

    A man walks past the Bombay Stock Exchange (BSE) building in MumbaiReuters
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    Shares of the Shree Cements Ltd. traded at Rs 26492.7 on BSE at 01:00PM (IST) on Monday, down 1.13 per cent from previous close.

    The stock quoted a 52-week low price of Rs 20165.8 and a high of Rs 27100.0.

    Earlier, the stock saw a gap down opening in the morning.

    A total of 390 lakh shares changed hands on the counter till 01:00PM (IST).

    The stock of Shree Cements Ltd. commands a market value of Rs 95738.46 crore.

    The stock traded at a price-to-earning (P/E) multiple of 61.23, while the price-to-book value ratio stood at 5.07. Return on equity (ROE) was at 6.81 per cent, according to exchange data.

    In the BSE500 pack, 225 stocks traded in the green, while 276 stocks were in the red.

    Promotor Holding
    Promoters held 62.55 per cent in the Shree Cements Ltd. as of 30-Jun-2023 while overseas and domestic institutional investors owned 12.62 per cent and 11.73 per cent, respectively.
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