Shree Cement Ltd traded at 23,727.75 this Monday August 31st, decreasing 242.95 or 1.01 percent since the previous trading session. Looking back, over the last four weeks, Shree Cement lost 11.56 percent. Over the last 12 months, its price fell by 20.70 percent. Looking ahead, we forecast Shree Cement Ltd to be priced at 23,433.76 by the end of this quarter and at 21,894.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
Shree Cement Limited is a cement company. The Company's principal products/services are cement and clinker. The Company operates through two business segments: Cement and Power. The Company's manufacturing operations are spread over North and East India across approximately six states. It has a cement production capacity of approximately 25.6 million tons per annum. The Company has operations in Rajasthan, Uttarakhand, Bihar, Haryana, Chhattisgarh and Uttar Pradesh. The Company's brands include Shree JungRodhak, Bangur and Rockstrong. Its total power generation capacity is approximately 610 megawatts. It operates waste heat recovery plants (WHRP) of approximately 110 megawatts. The Company also operates a separate trading division catering to third party buyers and sellers. It produces synthetic gypsum to replace use of natural gypsum in cement manufacturing. Shree Global Pte. Ltd. is the subsidiary of the Company.