Shree Cement is currently trading at Rs. 16304.05, up by 80.95 points or 0.50% from its previous closing of Rs. 16223.10 on the BSE.
The scrip opened at Rs. 16346.35 and has touched a high and low of Rs. 16350.00 and Rs. 16219.00 respectively. So far 88 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16430.00 on 20-Jul-2016 and a 52 week low of Rs. 9350.00 on 15-Jan-2016.
Last one week high and low of the scrip stood at Rs. 16430.00 and Rs. 15520.05 respectively. The current market cap of the company is Rs. 56852.26 crore.
The promoters holding in the company stood at 64.79%, while Institutions and Non-Institutions held 29.24% and 5.97% respectively.
Shree Cement is planning to set up two to three million tonne grinding unit in Sarai Kale Karasawa in Jharkhand. The company will invest about Rs 500 crore- Rs 600 crore for the same.
In this regard, the company has entered into a memorandum of understanding (MoU) with the Jharkhand government on July 20 during the investment promotion roadshow organised by the State.
Shree Cement is the leading cement manufacturing in North India. Its cement plants are located at Beawar, Ras, Khushkhera, Jobner and Suratgarh in Rajasthan and Laksar (Roorkee) in Uttarakhand.
