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Shree Cement strengthens on commissioning new Cement Grinding Unit

15 Feb 2018 Evaluate

Shree Cement is currently trading at Rs. 17422.10, up by 587.30 points or 3.49% from its previous closing of Rs. 16834.80 on the BSE.

The scrip opened at Rs. 16850.00 and has touched a high and low of Rs. 17550.00 and Rs. 16839.55 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 20560.00 on 15-May-2017 and a 52 week low of Rs. 15051.00 on 15-Feb-2017.

Last one week high and low of the scrip stood at Rs. 17550.00 and Rs. 16638.05 respectively. The current market cap of the company is Rs. 60,693.00 crore.

The promoters holding in the company stood at 64.79%, while Institutions and Non-Institutions held 29.33% and 5.89% respectively.

Shree Cement has commissioned new Cement Grinding Unit namely Bangur Cement Unit. The new unit has capacity of 3.60 MTPA and it is located at Village Rohi Udaipur Udasar, District Sriganganagar in Rajasthan.

Shree Cement is a rapidly growing Company focused on its core business of Cement & Power. Currently, its manufacturing operations are spread over North and Eastern India across six states.


Peers
Company Name CMP
Ultratech Cement 11020.00
Ambuja Cements 374.90
ACC 1213.30
Shree Cement 22155.20
Dalmia Bharat 1651.40
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