🔔 Rating Alert
Jefferies maintains 'Buy' rating on Shree Cement with a revised target price of ₹28,400, expecting a 16% upside.
Shree Cement Ltd Analyst Rating
based on 39 analysts
41.03%
Buy
35.90%
Hold
23.08%
Sell
Based on 39 analysts offering long term price targets for Shree Cement Ltd. An average target of ₹26488.62
Source: S&P Global Market Intelligence
Shree Cement Ltd Share analysis
Shree Cement Ltd price forecast by 39 analysts
Upside of8.48%
High
₹30050
Target
₹26488.62
Low
₹17550
Shree Cement Ltd target price ₹26488.62, a slight upside of 8.48% compared to current price of ₹24372.8. According to 39 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Shree Cement Ltd revenue growth forecast
Expected growth rate Q1, FY2026:10.33%
Forecast
Actual
Including amortisation and stock based compensations
Shree Cement Ltd EPS growth forecast
EPS estimate Q1, FY2026:3.00%
Forecast
Actual
Source: S&P Global Market Intelligence
Shree Cement Ltd Performance
Day's Low
Day's High
₹23,500₹24,470.8552 Week's Low
52 Week's High
₹23,500₹30,737.75
| Returns % | |
| 1 Month Return | -0.63 % |
| 3 Month Return | + 0.04 % |
| 1 Year Return | -7.16 % |
| Market Stats | |
| Previous Close | ₹24,418.25 |
| Open | ₹23,500.00 |
| Volume | 84.52K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹88,102.87Cr |
Shree Cement Ltd Key Statistics
| P/E Ratio | 50.87 |
| PEG Ratio | -1.93 |
| Market Cap | ₹88,102.87 Cr |
| P/B Ratio | 4.55 |
| EPS | 664.12 |
| Dividend Yield | 0.41 |
| Sector | Cement |
| ROE | 12.77 |
Shree Cement Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹88,102.87 Cr | 4.73% | 0.54 | ₹2,396 Cr | ₹20,520 Cr | |
| BUY | ₹1,69,401.49 Cr | 48.14% | 0.58 | ₹9,925 Cr | ₹1,30,978 Cr | |
| BUY | ₹1,38,033.44 Cr | 37.4% | 0.51 | ₹4,738 Cr | ₹33,159 Cr | |
| BUY | ₹3,16,714.31 Cr | 33.31% | 0.57 | ₹7,003 Cr | ₹70,908 Cr | |
| BUY | ₹42,679.35 Cr | 10.43% | 0.52 | ₹2,336 Cr | ₹19,958 Cr |
About Shree Cement Ltd
Shree Cement is known for its high-quality products, which include Portland Pozzolana Cement, Ordinary Portland Cement, and Portland Slag Cement. The company also produces Ready Mix Concrete, Fly Ash, and GGBS. Its popular brands include Bangur Cement, Rockstrong Cement, Shree Concreel HD, and Shree Ultra.
Share Price: ₹24372.80 per share as on 12 Nov, 2024 04:01 PM
Market Capitalisation: ₹88,102.87Cr as of today
Revenue: ₹4,054.17Cr as on September 2024 (Q3 24)
Net Profit: ₹76.64Cr as on September 2024 (Q3 24)
Listing date: 12 Jan, 1995
Chairperson Name: B G Bangur
| Organisation | Shree Cement Ltd |
| Headquarters | Kolkata |
| Industry | Cement |
| E-voting on shares | Click here to vote |
Key events for Shree Cement Ltd
Shree Cement Faces Profit Decline and Analyst Ratings - 12 Nov, 2024
Shree Cement reported an 83% decline in Q2 net profit, prompting analysts to adjust ratings. Morgan Stanley and CLSA lowered target prices, while Jefferies maintained a 'Buy' rating. Shares fell 4% amid ongoing sector challenges.
Shree Cement Q2 Results Show Significant Profit Decline - 11 Nov, 2024
Shree Cement's Q2 FY25 results reveal an 81% profit drop to ₹93 crore amid weak demand and pricing. However, sales volumes exceeded expectations, mitigating losses.
Shree Cements Share Price Rises Amid Mixed Performance - 23 Oct, 2024
Shree Cements shares rose 1.17% to Rs 24,750.65. Despite this, the stock has declined 3.64% over the past year. The latest quarter reported a net profit of Rs 278.61 crore, with sales down 5.72% from the previous quarter. The MACD indicates a bearish bias.
JP Morgan Sets Neutral Rating for Shree Cement - 21 Oct, 2024
JP Morgan has initiated coverage on Shree Cement with a Neutral rating and a target price of Rs 27,125, indicating limited short-term upside potential.
Shree Cement Laboratory Achieves NABL Accreditation - 17 Oct, 2024
Shree Cement's laboratory at the Ras plant in Rajasthan has received NABL accreditation, confirming its compliance with ISO/IEC 17025:2017 standards, enhancing its quality assurance capabilities.
Insights on Shree Cement Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 12.58% to 12.59% in Sep 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 7.91% to 9.24% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 62.55% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, UltraTech Cement Ltd has given 35.8% return, outperforming this stock by 52.7%
- NO EFFECT
Against Peers
In the last 1 year, Ambuja Cements Ltd has given 33.1% return, outperforming this stock by 40.3%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 11.85% to 10.39% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 701.89 Cr → 76.44 Cr (in ₹), with an average decrease of 45.0% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 years, SHREECEM stock has moved down by -16.9%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 5.55K Cr → 4.23K Cr (in ₹), with an average decrease of 12.4% per quarter
Shree Cement Ltd Financials
Index Inclusions
Shree Cement Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 62.55% | 0.00 | |
| Foreign Institutions | 10.39% | ||
| Mutual Funds | 9.24% | 16.84 | |
| Retail Investors | 12.59% | 0.08 | |
| Others | 5.22% | 2.16 |
Shree Cement Ltd Key Indicators
Shree Cement Ltd Valuation
Shree Cement Ltd in the last 5 years
Lowest (27.92x)
June 17, 2022
Industry (49.87x)
November 11, 2024
Today (50.87x)
November 11, 2024
Highest (75.77x)
June 27, 2019
Shree Cement Ltd Earnings and Dividends
Shree Cement Ltd Earnings Results
Shree Cement Ltd’s net profit fell -82.89% since last year same period to ₹76.44Cr in the Q2 2024-2025. On a quarterly growth basis, Shree Cement Ltd has generated -72.56% fall in its net profits since last 3-months.
Read More about Earnings ResultsShree Cement Ltd Dividends May,2024
In the quarter ending March 2024, Shree Cement Ltd has declared dividend of ₹55 - translating a dividend yield of 0.66%.
Read More about Dividends
Shree Cement Ltd Technicals Summary
Bearish
Neutral
Bullish
Shree Cement Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Shree Cement Ltd
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Shree Cement Ltd (SHREECEM) share price today is ₹24372.8
Shree Cement Ltd is listed on NSE
Shree Cement Ltd is listed on BSE
- Today’s highest price of Shree Cement Ltd is ₹24470.85.
- Today’s lowest price of Shree Cement Ltd is ₹23500.
PE Ratio of Shree Cement Ltd is 50.87
PE ratio = Shree Cement Ltd Market price per share / Shree Cement Ltd Earnings per share
Today’s traded volume of Shree Cement Ltd(SHREECEM) is 84.52K.
Today’s market capitalisation of Shree Cement Ltd(SHREECEM) is ₹88102.87Cr.
| Shree Cement Ltd(SHREECEM | Price |
|---|---|
52 Week High | ₹30737.75 |
52 Week Low | ₹23500 |
Shree Cement Ltd(SHREECEM) share price is ₹24372.8. It is down -20.71% from its 52 Week High price of ₹30737.75
Shree Cement Ltd(SHREECEM) share price is ₹24372.8. It is up 3.71% from its 52 Week Low price of ₹23500
| Shree Cement Ltd(SHREECEM | Returns |
|---|---|
1 Day Returns | -45.45% |
1 Month Returns | -0.63% |
3 Month Returns | 0.04% |
1 Year Returns | -7.16% |