As of 1:03 pm, the stock exchange recorded a turnover of Rs 1.01 crore per share. The price-to-earnings ratio (PER) is 38.51 and the price-to-book ratio (PBR) is 4.48.
A high price-to-earnings ratio indicates that investors are willing to pay a higher price for the earnings per rupee that the stock generates due to higher future growth expectations.
Price-to-book ratio indicates a company’s intrinsic value and is a measure of the price investors are prepared to pay even in the absence of business growth.
Shree Cements Ltd. is part of Northern Cement Industries. Promoter/FII Holding
As of March 31, 2024, promoters hold 62.55% of the company’s shares, while foreign investors and domestic institutional investors’ ownership stands at 12.46% and 12.14%, respectively.
Key Financial Information
The company reported consolidated net sales of Rs 5,582.44 crore for the quarter ended March 31, 2024, up 3.94% from Rs 5,376.5 crore in the previous quarter and up 6.42% from Rs 5,245.91 crore in the same period last year.
Profit for the latest quarter was Rs 6,748.8 crore, up 28.36 percent from the same period last year.
