Question: Why is Shree Cement share price so high?

Why is Shree Cement price so high?

Thus far in the six trading days of February, Shree Cement has surged 23 per cent after the company reported healthy Ebitda (earnings before interest, taxes, depreciation, and amortisation) growth of 28.2 per cent year on year (YoY) to Rs 1,089 crore driven by improved sales volume (up 14.6 per cent YoY to 7.16 MT) and …

Is Shree Cement overvalued?

They are giving profitability per tonne and the growth in their markets realisations are good and holding up. That is why the stock will trend. I agree that at $12 billion of market cap, it is definitely overvalued but chances are it will remain so.

Is Shree Cement large cap?

Shree Cements Ltd, incorporated in the year 1979, is a Large Cap company with a market cap of Rs 97927.30 Crore, operating in Cement sector.

Why are Cement shares up?

Cement stocks are racing ahead of stock market benchmarks, as investors bet that easing lockdowns, post-monsoon construction and the government’s infrastructure push will boost volumes and prices in the coming quarters.

Which share is best to buy now?

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  7. Kotak Mahindra Bank. …
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Is Shree Cement debt free?

Shree Cement: Stay debt-free, work within means our key principle: HM Bangur, MD, Shree Cement – The Economic Times.

Which is the best cement in India?

Here you will get the detailed information about Top Best Cement Companies Brands in India 2021 and their features and more.

  • Ultra Tech Cement. …
  • Shree Cement. …
  • Ambuja Cement. …
  • Ramco Cement. …
  • JSW Cement. …
  • Binani Cement. …
  • Dalmia Cements. …
  • Birla Cement.

Who is the promoter of Shree Cement?

SHREE CEMENT Promoter Shareholding Pattern

Category & Name of the Shareholders No. of shareholder No. of fully paid up equity shares held
PADMA DEVI MAHESHWARI 1 600
RANU BANGUR 1 63700
RAJKAMAL DEVI BANGUR 1 126100
BENUGOPAL BANGUR 1 10221

Will Cement shares go up?

Shares of cement companies have made considerable gains during the last few trading sessions on the expectation of the profitability remaining intact despite the cost rise. Ambuja Cement and JK Lakshmi Cement were up 4 per cent and 8 per cent respectively.

What is the price of Ultratech Cement bag?

Questions & Answers on UltraTech Cement

Packaging Type Min Price Max Price
HDPE Bags Rs 340/Bag Rs 405/Bag
Sack Bag Rs 330/Bag Rs 390/Bag
Capital