Shree Cements shoots up on reporting over five-fold rise in Q1 net profit

23 Aug 2012

Shree Cements is currently trading at Rs. 3,395.00, up by 135.40 points or 4.15% from its previous closing of Rs. 3259.60 on the BSE.

The scrip opened at Rs. 3259.00 and has touched a high and low of Rs. 3,430.00 and Rs. 3240.00 respectively. So far 9,100 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3,430.00 on 23-Aug-2012 and a 52 week low of Rs. 1570.50 on 12-Sep-2011.

Last one week high and low of the scrip stood at Rs. 3,430.00 and Rs. 3180.00 respectively. The current market cap of the company is Rs. 11,827 crore.

The promoters holding in the company stood at 64.78% while Institutions and Non-Institutions held 13.21% and 22.01% respectively.

On standalone basis, the company has reported a rises of 440.87% in its net profit at Rs 351.62 crore for the quarter, as compared to Rs 65.01 crore for the same quarter in the previous year. Total income of the company has increased by 42.85% to Rs 1455.28 crore for the quarter under review as compared to Rs 1018.74 crore for the quarter ended June 30, 2011.

Shree Cement is leading cement manufacturing in North India. The company markets it products under three Shree Ultra Jung Rodhak Cement, Bangur Cement and Tuff Cemento. The company’s manufacturing units are located at Beawar in district Ajmer, and Ras in district Pali, in Rajasthan. It also has grinding units at Khushkhera in Rajasthan.

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Shree Cement Share Price

26506.65 -956.50 (-3.48%) Feb 26, 18:55
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Ultratech Cement 6114.60
ACC 1732.95
Shree Cement 26506.65
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Dalmia Bharat 1434.75
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SEBI Registered: Investment Adviser - INA000013323

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