News for Shree Cement Limited (SHREECEM.BO)

The analysis revealed that nearly 96% (255) of low beta stocks have dropped by double digits from their 52-week peak, with 5% (13 stocks) falling over 50%.

Stocks including NTPC, LIC of India, ONGC, Biocon, SBI Life, UPL, Shree Cement, SBI Cards, IREDA and Welspun Corp will be in the spotlight on Tuesday, February 25.

Bajaj Finance leads in absolute market capitalization growth, adding Rs 1.02 lakh crore this year, while SBI Cards and Payment Services takes the top spot in percentage terms with a 30% rise. Bajaj Finances m-cap grew by 24%, while SBI Cards 30% increase added Rs 19,127 crore. Maruti Suzuki India and Bajaj Finserv outpaced SBI Card in absolute growth, with their market caps rising by Rs 60,346 crore (18%) and Rs 51,955 crore (21%), respectively, though they trailed in percentage gains.

Indian frontline indices ended in the red for the eighth day in a row with selling pressure prevailing across sectors. The 50-stock index Nifty 50 closed at 22,929.25, lower by 0.44% or 102.15 points while the S&P BSE Sensex closed at 75,939.21, down by 0.26% or 199.76 points.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the Nifty bulls continue to feel pressure.

While renewable energy projects have seen the highest investment interest, those looking to set up manufacturing and R&D units are not far behind.

Stocks including Titan Company, Swiggy, Tata Power, Aadhar Housing, Whirlpool, Religare, Birla Corp & PC Jewellers and more will be in the spotlight on Wednesday, February 05.

AMFI rejig: Stocks that have been excluded from the largecap list included Adani Total Gas, IDBI Bank Ltd, Shree Cement Ltd, Union Bank of India Ltd and BHEL.

ICICI Securities has revised its outlook on the cement sector from neutral to positive, citing improved fundamentals. The upgrade is attributed to reduced competitive pressures due to recent M&A activity, favorable pricing expectations, and strong capacity expansions.

Shree Cements shares fell 4% on Tuesday to Rs 23,500.15 after the company reported an 80% YoY drop in Q2 profit, down to Rs 93.13 crore. The decline was driven by weak demand and lower prices for cement. Despite the seasonally slow quarter, sales volume also dropped 7% to 7.60 million tonnes.

Nov 11, 2024 / 12:00PM GMTOperator Ladies and gentlemen, good day, and welcome to the earnings conference call for the quarter and half year ended September 30,

India Business News: Indian equity markets rose on Tuesday, with the BSE Sensex and Nifty50 gaining ground after a cautious start to the week. Strong investor interest in

Shree Cement Q2: The company's revenue from operations fell 18 per cent (YoY) to Rs 3,727 crore from Rs 4,560 crore in the corresponding period last year. Operating profit (EBITDA) declined 32 per cent YoY to Rs 593 crore compared to Rs 870 core in Q2 FY24.

As an investor, if you are sitting on cash and get an opportunity to enter at lower levels, the focus should be on investing rather than trading in calls, the market veteran told Business Today TV.

Stocks in focus: Buzzing stocks: Hindustan Zinc, Dr Reddy’s Lab, Zydus Life, RPower, Suzlon, Adani Enterprises, Jubilant Ingrevia, SpiceJet, Rathi Steel, Mankind Pharma, Shree Cement, JSW Cement, ITC, Aurobindo Pharma, Ashoka Buildcon

Data available from ACE Equity shows that as of August 22, 2024, select ten stocks from the BSE100 index have declined as much as 25% from their respective 52-week high

Aug 07, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Shree Cement Limited conference call for quarter ended June 30, 2024 hosted by

The Global Cement Market Size was Valued at USD 402.89 Billion in 2023 and the Worldwide Cement Market Size is Expected to Reach USD 612.12 Billion by...

Stock including RIL, Airtel, Vedanta, ONGC, Adani Energy, Lupin, Bharti Hexacom, Biocon and more may remain under the spotlight before the opening bell on Tuesday, August 6.

Power Finance Corp, Vedanta, Tata Power, Britannia Industries, TVS Motor, Bosch, Shree Cement, Solar Industries, Lupin, Linde India, PB Fintech, PI Industries, Berger Paints, Gujarat Gas, and others will announce their June quarter results.