NIFTY 22643.40 BANK 49424.05

Shree Cement Ltd.
Share Price Target & Analysis

NSE:SHREECEM

24144.14

VWAP

24250.25

Open

24140.5

Close

24295.90

High

24050.00

Low

30737.75

52 Week High

24145.15 ⇧
4.65 (0.02%)

SHREECEM

(CEMENT & CEMENT PRODUCTS)
18.9% Momentum

Turnaround Potential

22605.60

52 Week Low

652.12

EPS

54.17

PE

4.76

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: SHREECEM Share Price Financial Analysis & Valuation

Shree Cement Ltd. (SHREECEM) is broadly categorized in CEMENT & CEMENT PRODUCTS segment industry which deals in Cement - Major vertical. It is one of Large Cap company with Market Capitalization of Rs 86564.6 (in Cr). Total number of free float shares are 3.5 (in Lacs). Shree Cement Ltd. is listed on NSE with Exchange ID - INE070A01015 and trading code is NSE:SHREECEM with short name Shree Cements.

Shree Cement Ltd. is good enough to Outperformed the market. SHREECEM gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Shree Cement Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Shree Cement Ltd. has declared an equity dividend of Rs 100 per share. At the current share price of SHREECEM at Rs 24145.15, this results in a dividend yield of 0.41 %.

As per the Fundamental Analysis of NSE:SHREECEM, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SHREECEM underlying value and future prospects. All of this data is available in SHREECEM financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:SHREECEM, it is clearly understood that SHREECEM is Economical performer in terms of earnings and profit margins with an EPS of 652.12. NSE:SHREECEM book value per share as of today is 5068.75. The current price to book ratio for SHREECEM as of Apr 29, 2024 is 4.76.

Valuation of the Stock: The current valuation of SHREECEM stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SHREECEM whether to BUY this stock at current valuation. The delivery percentage of SHREECEM is 48.01% is very crucial parameter which shows that 48.01% investors are anticipating that the price of SHREECEM share should go up with VWAP at 24144.14.

Now, the main question is whether to BUY or SELL, NSE:SHREECEM at current valuation.
As per latest Analysis No. #959:-

⇑ STRONG BUY SHREECEM if All Greens

⇗ BUY SHREECEM (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD SHREECEM (With Stop Loss) if only 1 Green

⇘ SELL SHREECEM if NO Green Indicator

NSE: SHREECEM Share Price Today (Apr 29, 2024)

(Shree Cement Ltd. Daily Analysis on the basis of SHREECEM Intraday Graph & Trend)

Shree Cement Ltd. share price moved Up by 0.02% from its previous close of Rs 24140.5. SHREECEM stock last traded price is 24145.15. SHREECEM share price trend is Up with a total of 25281 stocks traded till now. It has touched an intraday high of Rs 24295.90 and an intraday low of Rs 24050.00. The SHREECEM trading at 24145.15, Up by Rs. 4.65, or 0.02 percent which suggests that most of the Traders are anticipating that the price of SHREECEM share should go Up.

NSE: SHREECEM Share Price Tomorrow Prediction

(Shree Cement Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SHREECEM)

Shree Cement Ltd. share price moved Up by 0.02%. SHREECEM share price short term trend is Up. It suggests that SHREECEM Share Price for Tomorrow remains the same with VWAP at 24144.14 will be treated as stop loss for intraday traders. Shree Cement Ltd. Long term investors can follow the SHREECEM long term trend as mentiond in future forecast table.

NSE Code

NSE: SHREECEM

SHREECEM Share Price Today

 24145.15

SHREECEM Share Price Target Prediction for 2024 ^

 23699.9 - 28288.4

SHREECEM Share Price Target Prediction for 2025*^

 28288.4 - 32907.8

SHREECEM Share Price Target Prediction for 2026*^

 32907.8 - 35211.3

SHREECEM Share Price Target Prediction for 2027*^

 36972

SHREECEM Share Price Target Prediction for 2028*^

 38028

SHREECEM Share Price Target Prediction for 2030*^

 41451
SHREECEM Current Book Value 2023
5043.4

*Shree Cement Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^SHREECEM share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

SHREECEM Technical Analysis

Candlestick Pattern: @25296.2

SHREECEM Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 25668.9 SELL 25590.7 SELL
MA_12 25901.3 SELL 25708.3 SELL
MA_20 25637.9 SELL 25718.3 SELL
MA_32 25551.7 SELL 25843.5 SELL
MA_50 26095.9 SELL 26025 SELL
MA_100 26874.5 SELL 26243.3 SELL
MA_200 25943.4 SELL 25962 SELL

SHREECEM Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 25637.9 Downtrend
MACD -6.55 SELL
ADX 17.73 NO or Weak Trend
DMI (+/-) 21.56 / 23.57 Downtrend

SHREECEM Momentum Oscillators

BUY (3) NEUTRAL (2) SELL (7)
Momentum Oscillators Value Action
RSI 43.1 Neutral
STOCHASTIC_K (Fast) 15.63 Oversold
STOCHASTIC_D (Slow) 12.76 Oversold
CCI -129.1 SELL
PSAR 26651.4 SELL
TRUE RANGE 526.15 BUY
ATR 579.81 BUY
WILLIAMS R -83.1 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM 335.8 BUY

SHREECEM Last 1 Year Trend

Duration Value
1 Year -3.45%
3 Months -7.38%
1 Month 1.35%
1 Week -1.99%

SHREECEM Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 10%
SELL 80%

Most popular Questions & Answers about SHREECEM


Shree Cement Ltd. stock last traded price is 24145.15. SHREECEM share price moved Up by 0.02% from its previous close of Rs 24140.5.

Shree Cement Ltd. share price trend is Up with a total of 25281 stocks traded till now. It has touched an intraday high of Rs 31045.1275 and an intraday low of Rs 24050.00. The SHREECEM trading at 24145.15, Up by Rs. 4.65, or 0.02 percent which suggests that most of the Traders are anticipating that the price of SHREECEM share should go Up and the Stop Loss will be around 24144.14.

The market cap of Shree Cement Ltd. is ₹86564.6 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Shree Cement Ltd. as of Apr 28, 2024 is 54.17.

The current price to book ratio for Shree Cement Ltd. as of Apr 28, 2024 is 4.76.

The highest price of Shree Cement Ltd. stock is ₹30737.75 in the last 52-week.

The lowest price of Shree Cement Ltd. stock is ₹22605.60 in the last 52-week.

Shree Cement Ltd. share trading at ₹24145.15, Up by Rs. 4.65, or 0.02 percent which suggests that most of the traders are anticipating that the price of SHREECEM share should go Up.

In 2023, Stock price target for Shree Cement Ltd. (SHREECEM) are ₹23699.9 on downside and ₹28288.4 on upside. Shree Cement Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Shree Cement Ltd. (SHREECEM) are ₹28288.4 on downside and ₹32907.8 on upside. Shree Cement Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Shree Cement Ltd. (SHREECEM) are ₹32907.8 on downside and ₹35211.3 on upside. Shree Cement Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Shree Cement Ltd. (SHREECEM) will be around ₹38028 Shree Cement Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SHREECEM.

As per the fundamental analysis of Shree Cement Ltd. (SHREECEM), it is of Economical quality in terms of earnings and profit margins with an EPS of 652.12. Shree Cement Ltd. book value per share as of today is 5068.75. The current price to book ratio for SHREECEM as of Apr 29, 2024 is 4.76.


NSE:SHREECEM News & Other Useful Information about SHREECEM Share Price


Peer Comparison of NSE: SHREECEM

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Cement - Major

Company Price EPS BV
ULTRACEMCO 9970.00 216.76 1833.65
SHREECEM 24145.15 652.12 5068.75
AMBUJACEM 629.05 9.36 95.82
ACC 2533.00 113.12 853.19
DALBHARAT 1832.80 5.97 418.48
JKCEMENT 4041.00 97.67 608.47
RAMCOCEM 796.90 18.03 287.51
BIRLACORPN 1450.25 23.45 667.26
RAIN 177.55 1.58 27.43
INDIACEM 226.65 0 166.65
Updated at: 29 Apr 2024 15:29

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