Shree Cement shares are trading lower along with other cement stocks on news that cement firms cut prices in some southern states on weak demand and rising competition. Source: Informist
Shree Cement Limited is a holding company. The Company is engaged in the manufacturing and selling of cement and cement related products. The Company's manufacturing operations are spread over Northeast and South India across approximately nine states. It has a cement production capacity of approximately 43.4 million tons per annum (MTPA). The Company has operations in Rajasthan, Chhattisgarh, Karnataka, Uttarakhand, Haryana, Uttar Pradesh, Bihar, Jharkhand and Odisha. The Company's brands include Roofon Concrete Master Cement, Bangur Power Cement, Shree Jung Rodhak Cement, Bangur Cement and Rockstrong Cement. Its total power generation capacity is approximately 752 megawatts, which includes waste heat recovery power, solar power and wind power. It produces synthetic gypsum to replace use of natural gypsum in cement manufacturing. Its subsidiaries include Shree Global FZE and Raipur Handling and Infrastructure Private Limited.
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| Day | Open | Close | Day's change |
|---|---|---|---|
| Thu, Jun 08 | 25,795.60 | 25,632.00 | -0.64% |
| Wed, Jun 07 | 25,795.00 | 25,795.60 | 0.00% |
| Tue, Jun 06 | 24,950.00 | 25,793.80 | 3.27% |
| Mon, Jun 05 | 25,168.95 | 24,820.05 | -1.41% |
| Fri, Jun 02 | 25,300.00 | 25,038.40 | -1.04% |
| Thu, Jun 01 | 25,300.00 | 25,167.30 | -0.53% |
| Wed, May 31 | 25,525.00 | 25,165.20 | -1.43% |
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