Shree Cements Share PriceShree Cements

611.35 (2.43%)
  • Advice
  • Hold
As on 30 March, 2023 | 06:56 BSE: 500387 NSE: SHREECEM

Shree Cements Performance

Day Range

  • Low
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52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Shree Cements Share Price

  • Over 1 Month -1.09%
  • Over 3 Month 10.96%
  • Over 6 Month 21.22%
  • Over 1 Year 9.13%

Shree Cements Key Statistics

P/E Ratio 66.4
PEG Ratio -1.5
Market Cap Cr 93,105
Price to Book Ratio 5.3
EPS 654.9
Dividend 0.3
Relative Strength Index 55.29
Money Flow Index 48.61
MACD Signal 141.06
Average True Range 673.49

Shree Cements Investment Rating

  • Master Rating:
  • Shree Cement has an operating revenue of Rs. 17,116.38 Cr. on a trailing 12-month basis. An annual revenue growth of 12% is good, Pre-tax margin of 19% is great, ROE of 13% is good. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 11% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 4% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 47 which is a POOR score indicating inconsistency in earnings, a RS Rating of 76 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 64 indicates it belongs to a poor industry group of Bldg-Cement/Concrt/Ag and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Shree Cements Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 4,0693,7814,2034,099
Operating Expenses Qtr Cr 3,3613,2583,3843,188
Operating Profit Qtr Cr 708523819911
Depreciation Qtr Cr 414363328301
Interest Qtr Cr 71685754
Tax Qtr Cr 107609649
Net Profit Qtr Cr 277190316645

Shree Cements Technicals


Current Price
611.35 (2.43%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 25452.04
  • 50 Day
  • 25017.85
  • 100 Day
  • 24327.92
  • 200 Day
  • 23802.13
  • 20 Day
  • 25603.4
  • 50 Day
  • 24886.57
  • 100 Day
  • 24276.56
  • 200 Day
  • 22642

Shree Cements Resistance and Support

First Resistance 25474.6
Second Resistance 25755.85
Third Resistance 25929.35
RSI 55.29
MFI 48.61
MACD Single Line 141.06
MACD 96.5
First Resistance 25019.85
Second Resistance 24846.35
Third Resistance 24565.1

Shree Cements Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 41,932 1,528,421 36.45
Week 28,835 1,084,204 37.6
1 Month 42,307 1,365,681 32.28
6 Month 53,992 1,774,182 32.86

Shree Cements Result Highlights

Shree Cements Synopsis


Shree Cement is involved in the business activities of Manufacture of cement, lime and plaster. Company’s Total Operating Revenue is Rs. 14305.88 Cr. and Equity Capital is Rs. 36.08 Cr. for the Year ended 31/03/2022. Shree Cements Ltd. is a Public Limited Listed company incorporated on 25/10/1979 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L26943RJ1979PLC001935 and registration number is 001935.
Market Cap 93,106
Sales 16,151
Shares in Float 1.33
No of funds 540
Yield 0.35
Book Value 5.39
U/D Vol ratio 1.5
LTDebt / Equity 8
Alpha 0.08
Beta 0.73

Shree Cements

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 62.55%62.55%62.55%
Mutual Funds 6.88%6.52%7.07%
Insurance Companies 4.55%4.06%3.98%
Foreign Portfolio Investors 12.5%12.37%11.85%
Financial Institutions/ Banks 0.01%0.16%0.16%
Individual Investors 2.09%2.47%3.06%
Others 11.42%11.87%11.33%

Shree Cements Management

Name Designation
Mr. B G Bangur Chairman
Mr. H M Bangur Managing Director
Mr. Prashant Bangur Joint Managing Director
Mr. P N Chhangani Whole Time Director
Mr. Sanjiv Krishnaji Shelgikar Independent Director
Mr. R L Gaggar Independent Director
Mr. Zubair Ahmed Independent Director
Mr. Shreekant Somany Independent Director
Dr. Y K Alagh Independent Director
Mr. Nitin Dayalji Desai Independent Director
Ms. Uma Ghurka Independent Director

Shree Cements Forecast

Price Estimates


Other Analyst Rating

Shree Cements MF Shareholding

Name Amount(cr)
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 55611
Kotak Flexicap Fund Growth 35775
SBI Bluechip Fund Regular Growth 34309
Axis Long Term Equity Fund Growth 28754
Kotak Emerging Equity Scheme Growth 23963

Shree Cements FAQs

What is Share Price of Shree Cements ?

Shree Cements share price is ₹25804 As on 30 March, 2023 | 06:42

What is the Market Cap of Shree Cements ?

The Market Cap of Shree Cements is ₹93105.2 Cr As on 30 March, 2023 | 06:42

What is the P/E ratio of Shree Cements ?

The P/E ratio of Shree Cements is 66.4 As on 30 March, 2023 | 06:42

What is the PB ratio of Shree Cements ?

The PB ratio of Shree Cements is 5.3 As on 30 March, 2023 | 06:42

What is the debt to equity ratio of Shree Cement?

Shree Cement has a reasonable debt to equity of 9%, which signals a healthy balance sheet.

Who is the Chairman of Shree Cement?

Shri B G Bangur is the Chairman of Shree Cement.

When was Shree Cement founded?

Shree Cement Ltd was incorporated in the year 1979 in Beawar, Rajasthan.

Is Shree Cement a good company for investing?

Shree Cement has an operating revenue of INR 14,754.47 Cr. on a trailing 12-month basis. Annual revenue growth of 6% is not great, Pre-tax margin of 22% is great. Institutional holding has gone up in the last reported quarter is a positive sign. Analyst Recommendation on Shree Cement: HOLD

What is the ROE of Shree Cement?

The ROE of Shree Cement is 14% which is good.


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