SHREECEM.NSE Shree Cement Ltd.
83
25,400.00
45.25
(0.18%)
| Watchers | 83 |
| 52-Wk Low | 22,605.60 |
| 52-Wk High | 30,737.75 |
| Market Cap | 921.4B |
| Volume | 36,812.00 |
| 52-Wk High | 30,737.75 |
| 52-Wk Low | 22,605.60 |
Is the cement sector overvalued? Here's what market experts sayMoneycontrol • 18 days ago
Most analysts and fund managers Moneycontrol spoke to advised caution on the segment, adding, however, that there were 'pockets of opportunity'.
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In 2018, the Geological Survey of India (GSI) discovered potential zones of high grade limemud and limesand off Gujarat and Maharashtra coasts. These are useful for cement companies that can cut down on the raw material import bills.
Motilal Oswal recommended Neutral rating on Shree Cement with a target price of Rs 27,700 in its research report dated March 26, 2024.
Motilal Oswal recommended Neutral rating on Shree Cement with a target price of Rs 27,700 in its research report dated January 31, 2024.
ICICI Securities recommended hold rating on Shree Cement with a target price of Rs 29,489 in its research report dated February 01, 2024.
Moneycontrol has found seven stocks from the Nifty 500 index that are likely to double earnings next year. These stocks are Shree Cement, Ceat, ACC, JK Cement, BEML, Motilal Oswal Financial and Birla Corp
The Interim Budget proposed three corridors, including a corridor for energy, mineral, and cement to improve operations of passenger trains, decongest logistics.
Shares of cement stocks such as UltraTech Cement, ACC, Ambuja Cement, Dalmia Bharat, Shree Cement will be in focus ahead of the interim budget to be announced on February 1. All these stocks have surged between 20-40 percent over the last one year
The tax sleuths did a survey on the company in June 2023. The survey report highlights Rs 8,500 crore wrongful claims from Apr ’14-Mar ‘23.