Shree Cements shares rise 0.7% as Sensex slides

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

The scrip quoted a 52-week low value of Rs 20103.1 and a excessive of Rs 32050.0.

Earlier, shares of the corporate noticed a spot down opening within the morning.

A complete of 751 lakh shares modified arms on the counter until 11:12AM (IST).

The inventory of Shree Cements Ltd. instructions a market worth of Rs 100995.97 crore.

The inventory traded at a price-to-earning (P/E) a number of of 39.05, whereas the price-to-book worth ratio stood at 6.91. Return on fairness (ROE) was at 14.84 per cent, in line with alternate knowledge.

Within the BSE500 pack, 156 shares traded within the inexperienced, whereas 344 shares had been within the crimson.

Promotor Holding

Promoters held 62.55 per cent within the Shree Cements Ltd. as of 30-Sep-2021 whereas international and home institutional traders owned 13.53 per cent and 10.1 per cent, respectively.

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