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Shares of Ltd. traded at Rs 26305.65 on BSE at 12:54PM (IST) on Thursday, up 0.14 per cent from previous close.

The scrip quoted a 52-week low price of Rs 18214.4 and a high of Rs 32050.0.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 363 lakh shares changed hands on the counter till 12:54PM (IST).

The stock of Shree Cements Ltd. commanded a market value of Rs 94912.75 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 36.7, while the price-to-book value ratio stood at 6.91. Return on equity (ROE) was at 14.84 per cent, according to exchange data.

In the BSE500 pack, 211 stocks traded in the green, while 289 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.16.

Promotor/FII Holding

Promoters held 62.55 per cent in Shree Cements Ltd. as of 30-Jun-2021 while foreign and domestic institutional investors owned 13.02 per cent and 7.92 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 26787.81 on August 26, while the 50-DMA was at 27723.22. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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