Shree Cement hits 52-week high; soars 15% in 3 weeks on good Q3 results

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Shree Cement hits 52-week high; soars 15% in 3 weeks on good Q3 results - Business Standard

Quick Summary:

The management expects cement demand to grow on the back of likely increase in rural consumption aided by improved farm cash flows and sustained healthy demand for urban housing.

Shree Cement continues to be one of the least cost producers in the industry, Motilal Oswal Financial Services said in the result update.

Thus far in the calendar year 2025, Shree Cement has rallied 12 per cent, as compared to 2.4 per cent decline in the BSE Sensex.