SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shree Cement moves up on achieving installed power capacity of 1,000 MW

25 Jun 2024 Evaluate

Shree Cement is currently trading at Rs. 27400.00, up by 84.20 points or 0.31% from its previous closing of Rs. 27315.80 on the BSE.

The scrip opened at Rs. 27406.90 and has touched a high and low of Rs. 27565.00 and Rs. 27283.75 respectively. So far 135 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 30710.15 on 01-Feb-2024 and a 52 week low of Rs. 22601.30 on 26-Jun-2023.

Last one week high and low of the scrip stood at Rs. 27849.95 and Rs. 27080.25 respectively. The current market cap of the company is Rs. 98542.66 crore.

The promoters holding in the company stood at 62.55%, while Institutions and Non-Institutions held 24.79% and 12.64% respectively.

Shree Cement has achieved an installed power capacity of 1,000 MW (1 GW). This milestone follows the commissioning of a 19.5 MW solar power plant at its Andhra Pradesh facility. The one gigawatt capacity comprises diverse energy sources, including solar, wind, thermal, and waste heat recovery. This strategic mix underscores Shree Cement's commitment to meeting electricity demands for its cement production sustainably.

The company has invested Rs 4,000 crore to expand its renewable energy portfolio, which now represents almost half of its total power capacity. Looking forward, Shree Cement plans to invest an additional Rs 1,000 crore in FY25 to further boost its renewable capacity, specifically targeting the installation of 132 MW of solar power across five states, 36 MW of wind power in Rajasthan, and 34 MW of waste heat recovery capacity in Karnataka and Rajasthan.

Shree Cement is engaged in the manufacturing and selling of cement and cement related products. It is recognized as one of the most efficient and environment friendly company in the global cement industry.

Shree Cement Share Price

25301.95 198.70 (0.79%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×