Shree Cement is currently trading at Rs. 16124.00, up by 182.80 points or 1.15% from its previous closing of Rs. 15941.20 on the BSE.
The scrip opened at Rs. 16117.95 and has touched a high and low of Rs. 16223.40 and Rs. 16117.95 respectively. So far 40 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 18519.00 on 03-Oct-2016 and a 52 week low of Rs. 10900.00 on 04-Mar-2016.
Last one week high and low of the scrip stood at Rs. 16700.00 and Rs. 15761.00 respectively. The current market cap of the company is Rs. 56314.55 crore.
The promoters holding in the company stood at 64.79%, while Institutions and Non-Institutions held 29.34% and 5.88% respectively.
Shree Cement, one of the largest producers of cement in north India, has secured supply of 60,000 tonnes per annum of coal from South Eastern Coalfields, a subsidiary of Coal India. The notified price per tonne is Rs 970. Coal India began the second phase of auction of coal linkages for the non-regulated sector and it has put on offer about 14.5 million tonnes of the fuel.
Shree Cement is a rapidly growing Company focused on its core business of Cement & Power. Currently, its manufacturing operations are spread over North and Eastern India across six states.