29870.0000 595.00 (2.03%)
NSE Sep 01, 2025 15:31 PM
Volume: 37,442
 

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Shree Cements Ltd.
09 Nov 2023
29870.00
2.03%
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).
Axis Direct released a Buy report for Shree Cements Ltd. with a price target of 33960.0 on 28 Aug, 2025.
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