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Shree Cement declines on reporting 37% fall in Q1 net profit

11 Nov 2014 Evaluate

Shree Cement is currently trading at Rs 9165.90, down by 86.95 points or 0.94% from its previous closing of Rs. 9252.85 on the BSE.

The scrip opened at Rs. 9204.80 and has touched a high and low of Rs. 9259.30 and Rs. 9050.00 respectively. So far 512 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 9292.00 on 10-Nov-2014 and a 52 week low of Rs. 4100.10 on 27-Jan-2014.

Last one week high and low of the scrip stood at Rs. 9292.00 and Rs. 8811.10 respectively. The current market cap of the company is Rs. 31782.00 crore.

The promoters holding in the company stood at 64.79% while Institutions and Non-Institutions held 16.69% and 18.52% respectively.

Shree Cement has registered 36.81% fall in its net profit after tax at Rs 108.81 crore for second quarter ended September 30, 2014 as compared to Rs 172.22 crore for the same quarter in the previous year. However, total income of the company has increased 23.80% at Rs 1636.13 crore for Q1FY15 as compared Rs 1321.49 crore for the corresponding quarter previous year.

Shree Cement (SCL), belonging to B G Bangur - H M Bangur faction of Bangur family of Kolkata, is engaged in manufacturing of cement and power generation. SCL’s eight cement plants in Rajasthan and one grinding unit in Uttrakhand have an aggregate capacity of 13.5 mn tonnes p.a.

Shree Cement Share Price

25301.95 198.70 (0.79%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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