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    Shree Cements Ltd. shares decline 1.88% as Sensex slides

    Synopsis

    A total of 599 shares changed hands on the counter till 01:42PM (IST)

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    Shares of the Shree Cements Ltd. traded at Rs 22368.0 on BSE at 01:42PM (IST) on Friday, down 1.88 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 15500.0 and a high of Rs 25341.2.

    Earlier, shares of the company saw a gap down opening in the morning.

    A total of 599 lakh shares changed hands on the counter till 01:42PM (IST).

    The stock of Shree Cements Ltd. commands a market value of Rs 80632.17 crore.

    The stock traded at a price-to-earning (P/E) multiple of 52.5, while the price-to-book value ratio stood at 6.09. Return on equity (ROE) was at 11.66 per cent, according to exchange data.

    In the BSE500 pack, 167 stocks traded in the green, while 333 stocks were in the red.

    Promotor Holding
    Promoters held 62.55 per cent in the Shree Cements Ltd. as of 31-Mar-2020 while foreign portfolio investors and domestic institutional investors owned 11.9 per cent and 8.37 per cent, respectively.
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