Shree Cements declines 0.43% as Sensex climbs
The stock traded at a P/E multiple of 38.57, while the price-to-book value ratio stood at 5.07.
Shares of traded at Rs 25894.8 on at 11:01AM (IST) on Tuesday, down 0.43 per cent from previous close.The scrip quoted a 52-week low price of Rs 22601.3 and a high of Rs 30710.15.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 1,097 lakh shares changed hands on the counter till 11:01AM (IST).
The stock of commanded a market value of Rs 93840.43 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 38.57, 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, 340 stocks traded in the green, while 161 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.16.
Promotor/FII Holding
Promoters held 62.55 per cent in . as of 31-Mar-2024 while foreign portfolio investors and domestic institutional investors owned 12.48 per cent and 7.55 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 26028.56 on May 14, while the 50-DMA was at 25275.74. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
