Page 4 - Shree Cement

Street signs: The SBI Cards IPO math, ETF overhang for YES Bank, and more

Grey market premiums have dropped to 10% after last week's market fall.

Shree Cement overtakes ACC to commission world's largest kiln in UAE

Against ACC's total installed capacity of 33.41 mtpa, Shree Cement's current installed capacity stands at 41.90 mtpa

Cement companies rush to eastern India to seize upon demand uptick

In the recent past, demand remained muted in north, central and western India at 3-5 per cent and volume growth declined by around five per cent in south India

Shree Cement could see Rs 700 cr inflows on inclusion in Nifty 50

On an absolute basis, the firm's stock will be the most expensive in the 50 share index

Shree Cement to replace YES Bank in Nifty50 from Mar 27; surges 6%

Analysts, however, do not see any upside in Shree Cement given all the positives are already priced-in.

Shree Cement pips Dabur and Godrej Consumer to replace Yes Bank in Nifty

Change effective March 27; NSE also moves Vodafone Idea, Indiabulls Housing Finance out of Nifty Next 50, brings in Torrent Pharma, Adani Transmission

Core business eases power segment pain for Shree Cement in Dec quarter

Cost controls, presence in profitable markets increase earnings

Shree Cement's Dec-quarter pre-tax profit up 2.8% at Rs 409 crore

PBT in Q3 of the last fiscal year stood at Rs 398.5 crore

Cement shares in focus; Shree Cement hits record high, UltraTech up 3%

Ambuja Cements, ACC, Orient Cement, JK Lakshmi Cement, Dalmia Bharat, Mangalam Cement, Heidelberg Cement India, India Cements and JK Cement were up 2 per cent to 5 per cent on the BSE

Shree Cement to enter western India market in the coming six months

Investment in the plant, spread across 65.7 acres, is Rs 625 crore. It doesn't have linkages to limestone reserves and is getting this from a Shree unit near Kodla village in Karnataka

UltraTech is now Asia's second-most valuable cement company by m-cap

UltraTech and Shree Cement now together account for a fifth of the combined m-cap of Asia's leading listed cement makers, against their 6 per cent share in industry's revenues

For next 3 years, we will set aside Rs 9,000 cr as capex: Shree Cement MD

World GDP growth will be less than three per cent, and even with revised estimates, India's GDP growth will be more than the global average, says Hari Mohan Bangur

Shree Cement, UltraTech likely to benefit from any uptick in demand

While UltraTech and Shree Cement have risen 13-16 per cent since their December lows, ACC and Ambuja Cements have lagged, with gains of 6-9 per cent

Cement stocks rise on positive outlook; JK Cement scales fresh record high

JK Cement zoomed 5% to Rs 1,314, while Shree Cement gained 3 per cent to Rs 21,748, and was trading close to its all-time high level of Rs 22,200 touched on July 1, 2019, on the BSE today

UltraTech, Ramco Cements: Analysts see significant upside in cement stocks

Amid the gloomy GDP print; however, what is noteworthy is that the government spending rose sharply to 15.6 per cent during the quarter, as against 8.8 per cent in 1QFY20.

Shree Cement rises 4% post Rs 3,000 crore QIP offer launch

India's third-largest cement producing company has been hit by a prolonged monsoon season and falling cement prices on the back of the ongoing economic slowdown.

Shree Cement launches Rs 3,000-cr QIP, fixes price at Rs 19,806 a share

Promoters currently hold 64.79 per cent in the company, while foreign portfolio investors have an 11.88 per cent stake.

ACC's numbers revive hopes for cement stocks amid subdued July-Sept quarter

Profitability, declining costs are positives, but demand revival key for any upside

After Dalmia Bharat, Shree and Nuvoco join race to acquire Emami Cement

Earlier, only Dalmia Bharat was in the fray for the acquisition

Market share loss dents Shree Cement's June quarter performance

Weak demand, low pricing ability to restricting performance in following quarters