Shree Cement is currently trading at Rs. 12780.00, up by 511.55 points or 4.17% from its previous closing of Rs. 12268.45 on the BSE.
The scrip opened at Rs. 12507.75 and has touched a high and low of Rs. 12887.85 and Rs. 12507.75 respectively. So far 309 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 13071.30 on 06-Oct-2015 and a 52 week low of Rs. 8380.00 on 27-Oct-2014.
Last one week high and low of the scrip stood at Rs. 12887.85 and Rs. 11625.05 respectively. The current market cap of the company is Rs. 44591.65 crore.
The promoters holding in the company stood at 64.79% while Institutions and Non-Institutions held 18.49% and 16.73% respectively.
Foreign institutional investors (FIIs) have raised their stake in Shree Cement by 49 basis points to 13.59 percent in Q2FY16 from 13.1 percent in Q1FY16. However, domestic institutional investors (DIIs) have reduced their shareholding in Shree Cement by 22 basis points to 4.9 percent at the end of September 2015 quarter from 5.12 percent as on June 30, 2015.
Meanwhile, non institutions were holding 16.72 percent stake in the company at the end of September 2015 quarter, down 27 basis points from 16.99 percent as on June 30, 2015, while corporate bodies were holding 2.67 percent stake at the end of September 2015 quarter, down 23 basis points from 2.9 percent as on June 30, 2015. Further, the promoters’ shareholding was unchanged at 64.79 percent at the end of September 2015.
Shree Cement the leading cement manufacturing in North India was incorporated in the year 1978. Its cement plants are located at Beawar, Ras, Khushkhera, Jobner and Suratgarh in Rajasthan and Laksar (Roorkee) in Uttarakhand.
