Shree Cements share price up 1.82 per cent
A total of 216 shares changed hands on the counter till 12:33PM (IST).
Shares of traded 1.82 per cent up at Rs 24785.0 at around 12:33PM (IST) on Thursday. The stock had closed at Rs 24340.05 in the previous session. Equity benchmark traded 580.45 points higher at 73342.34 around the same time. The scrip has declined 1.7 per cent in the last one year till date, while the 30-share index has gained 25.93 per cent during the same period.
The stock's 52-week high price stood at Rs 30710.15 and the 52-week low price at Rs 22601.3.
Trading volume on the counter stood at 216 shares, while it quoted a price-to-earnings ratio of 39.71, an EPS value of 622.66 and a price-to-book value of 5.07. In the Nifty50 pack, 43 stocks traded in the green, while 7 stocks were in the red.
Promoter/FII Holding
Promoters held 62.55 per cent stake in the company as of 31-Dec-2023, while FII and MF ownership stood at 12.31 per cent and 7.72 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 5370.65 crore, up 8.89 per cent from the previous quarter's Rs 4932.11 crore and up 20.06 per cent from the year-ago quarter's Rs 4473.38 crore. The company reported net profit of Rs 701.89 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 30710.15 and the 52-week low price at Rs 22601.3.
Trading volume on the counter stood at 216 shares, while it quoted a price-to-earnings ratio of 39.71, an EPS value of 622.66 and a price-to-book value of 5.07. In the Nifty50 pack, 43 stocks traded in the green, while 7 stocks were in the red.
Promoter/FII Holding
Promoters held 62.55 per cent stake in the company as of 31-Dec-2023, while FII and MF ownership stood at 12.31 per cent and 7.72 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 5370.65 crore, up 8.89 per cent from the previous quarter's Rs 4932.11 crore and up 20.06 per cent from the year-ago quarter's Rs 4473.38 crore. The company reported net profit of Rs 701.89 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
