Shree Cement is currently trading at Rs. 20362.40, up by 245.50 points or 1.22% from its previous closing of Rs. 20131.70 on the BSE.
The scrip opened at Rs. 20200.00 and has touched a high and low of Rs. 20805.00 and Rs. 20133.30 respectively. So far 892 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 22200.00 on 01-Jul-2019 and a 52 week low of Rs. 13125.00 on 31-Oct-2018.
Last one week high and low of the scrip stood at Rs. 20805.00 and Rs. 19582.30 respectively. The current market cap of the company is Rs. 71513.16 crore.
The promoters holding in the company stood at 64.79%, while Institutions and Non-Institutions held 19.07% and 16.14% respectively.
Shree Cement has reported results for first quarter ended June 30, 2019.
The company has reported 29.89% rise in its net profit at Rs 363.03 crore for the quarter under review as compared to Rs 279.48 crore for the same quarter in the previous year. However, total income of the company decreased by 2.40% at Rs 3087.55 crore for Q1FY20 as compared Rs 3163.54 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 36.84% in its net profit at Rs 382.28 crore for the quarter under review as compared to Rs 279.36 crore for the same quarter in the previous year. Total income of the company increased by 6.04% at Rs 3354.75 crore for Q1FY20 as compared Rs 3163.80 crore for the corresponding quarter previous year.
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