Today, shares of Shree Cements Ltd. are trading at Rs 25,283.45 on the Bombay Stock Exchange (BSE) as of 12:48 PM (IST). This is a 0.49% change from the previous day’s closing price.
The stock has experienced a 52-week low of Rs 23,500.15 and a high of Rs 30,710.15. It started the day with a gap down opening, meaning it opened lower than its previous close. By lunchtime, about 43 lakh (4.3 million) shares were traded.
Shree Cements has a total market cap of Rs 91,224.58 crore. The price-to-earnings (P/E) ratio is 52.68, and the price-to-book value ratio is 4.48, which helps to understand how the stock is valued compared to its earnings and assets. The return on equity (ROE) is at 11.57%, indicating company profitability.
Among the 500 stocks in the BSE500 group, 254 stocks have gained in value, while 245 have lost value. The stock’s beta value is 1.1597, showing that it is slightly more volatile than the overall market.
As of December 31, 2024, promoters own 62.55% of the company, while foreign institutional investors have 9.88% and domestic institutional investors hold 9.89%.
Moving Average Trends:
– The 200-day moving average (200-DMA) is Rs 25,880.65.
– The 50-day moving average (50-DMA) is Rs 25,946.76.
If a stock trades below both moving averages, it could mean it is in a bearish trend (falling prices). If it is between the two averages, the stock’s direction can change either way.
Leave a Reply