26010.0000 -235.00 (-0.90%)
NSE Aug 07, 2026 15:31 PM
Volume: 10,742
 

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Shree Cements Ltd.
07 May 2026
26010.00
-0.90%
ICICI Direct
Cement volume growth expected at ~8% CAGR over FY26-28E: After a muted 9MFY26, company's volume growth picked-up sharply in Q4FY26 (+9.5% YoY, +23.8% QoQ), leading to 1.3% YoY growth for FY26. Capacity utilisation stood at ~66% in Q4 (vs ~54% in Q3FY26). Though the focus remains on profitability, company guides 9-10% volume growth for FY27E led by better demand, capacity expansions and further improvement in utilisation levels. Management stated that they have already benefited from its pricing strategy and closed the pricing gap with top players. On capacity front, company is expanding in...
Deven Choksey increased Accumulate price target of Shree Cements Ltd. to 29215.0 on 04 Aug, 2026.
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