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Shiva Cement touches the roof as JSW Cement acquires 24 lakh shares

03 Jul 2017 Evaluate

Shiva Cement is currently trading at its upper circuit limit of Rs. 27.95, up by 4.65 points or 19.96% from its previous closing of Rs. 23.30 on the BSE.

The scrip opened at Rs. 23.80 and has touched a high and low of Rs. 27.95 and Rs. 23.65 respectively. So far 6986190 shares were traded on the counter.

The BSE group 'XC' stock of face value Rs. 2 has touched a 52 week high of Rs. 27.95 on 03-July-2017 and a 52 week low of Rs. 4.84 on 28-Jul-2016.

Last one week high and low of the scrip stood at Rs. 27.95 and Rs. 20.55 respectively. The current market cap of the company is Rs. 545.03 crore.

The promoters holding in the company stood at 0.01%, while institutions and non-institutions held 0.11% and 99.89% respectively.

JSW Cement has acquired 24 lakh shares of Shiva Cement. The company has bought the same at Rs 22.94 on the BSE on June 30, 2017.

Shiva Cement is engaged in manufacturing of cement and allied products. Its plants are located at Kalunga and Sundargarh in Orissa.

Peers
Company Name CMP
Ultratech Cement 10750.00
Ambuja Cements 382.10
ACC 1223.40
Shree Cement 21956.00
Dalmia Bharat 1687.95
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