29800.0000 150.00 (0.51%)
NSE Sep 25, 2025 09:57 AM
Volume: 1,854
 

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Shree Cements Ltd.
09 Nov 2023
29800.00
0.51%
ICICI Securities Limited
With an upbeat Q2FY24 performance, Shree Cement (SRCM) has reclaimed its industry supremacy. While reported EBITDA stood just 2% ahead of estimates, a closer look brings forth the following positives for its core cement business – a) ~2% QoQ uptick in realisation (vs it being flat for major peers) and b) ~3% QoQ rise in EBITDA/t (vs QoQ dip for other large peers).
Shree Cements Ltd. is trading below its 30 day SMA of 30037.5
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