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Shree Cement Limited (SHREECEM.BO)

BSE - BSE Real-time price. Currency in INR
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24,358.95-4.95 (-0.02%)
At close: 03:28PM IST
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Previous close24,363.90
Bid24,366.60 x 0
Ask24,416.85 x 0
Day's range24,302.50 - 24,562.35
52-week range22,601.30 - 30,710.15
Avg. volume1,239
Market cap878.888B
Beta (5Y monthly)0.35
PE ratio (TTM)39.05
EPS (TTM)623.72
Earnings date20 May 2024 - 24 May 2024
Forward dividend & yield100.00 (0.41%)
Ex-dividend date08 Feb 2024
1y target est17,978.70
  • Reuters

    Shree Cement plans to bid in India's lithium auction - source

    India's Shree Cement plans to bid for lithium mining rights under a government plan to secure critical minerals production through auctions that are expected to raise more than $5 billion. A source with direct knowledge of the matter told Reuters the company would apply for the rights to lithium mining blocks in Jammu and Kashmir, the federally administered region where an estimated 5.9 million tonnes of deposits were found in February. Shree Cement, India's second biggest cement company by market capitalisation, will also bid for blocks in the eastern state of Chhattisgarh, said the source, who asked not to be identified due to the commercial sensitivities.

  • Reuters

    India's Shree Cement slumps after report of $2.81 billion tax evasion

    BENGALURU (Reuters) -Shares of India's Shree Cement fell on Monday after a local television news channel reported that multiple searches at company locations revealed it had allegedly evaded taxes worth 230 billion rupees ($2.81 billion). Deductions claimed by Shree Cement are false and the company siphoned off 12-14 billion rupees every year, an NDTV report said on Saturday, citing sources, without specifying timelines. "As a responsible corporate citizen, Shree Cement follows the highest corporate governance standards," it added.Last week, the company confirmed a CNBC-TV18 report stating that the tax department had surveyed its premises.

  • Reuters

    India's Nifty 50 ends higher on auto boost; midcaps climb

    BENGALURU (Reuters) -India's blue-chip Nifty 50 ended a touch higher on last-hour buying on Monday, lifted by gains in automakers after monsoons revived in some parts of the country, while midcap stocks climbed sharply. The Nifty closed up 0.14% at 18,691.2, while the S&P BSE Sensex dipped 0.01% to 62,970.00. Domestic equities appeared to brush off worries of political instability in Russia and a subsequent rise in oil prices, after a short-lived mutiny by Russian mercenaries against Moscow.