Earlier in the day, the stock saw a gap down opening.
At the prevailing price, the stock traded at 41.59 times its trailing 12-month EPS of Rs 582.58 per share and 4.48 times its book value, as per BSE data.
A total of 1,875 shares changed hands on the counter till 02:05PM (IST). The stock commands a market value of Rs 87423.65 crore and is part of the Cement – North industry.
The scrip has been an underperformer , up 0.15 per cent in the past one year in comparison with a 18.47 per cent gain in Sensex. During the day, the stock moved between Rs 25058.65 and Rs 24191.0. Promoter/FII Holding
Promoters held 62.55 per cent in the company as of 30-Jun-2024. FII and MF ownership in Shree Cements Ltd. stood at 11.85 per cent and 7.91 per cent, respectively.