SHREE CEMENT500387Cement
Shree Cement shares rose about 2% after beating revenue and margin expectations despite lower other income
By ScoutQuest · · 1 min read
- Stock move today
- 2 percent
Heard on business television between 14:29:15 - 14:32:15 IST.
- Shree Cement reported good top-line growth with a beat on revenue and margins.
- Profitability was slightly lower due to lower other income.
- Stock had underperformed in recent years due to lack of volume growth, but volumes are now growing and the street is taking note.
- Stock recovered from lows of the reaction and is up closer to 2%.
- Analysts noted cement could be a dark horse in the second half if crude oil prices cool off, given domestic demand and pricing strength.
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Source: Live TV News Channel · 23 Oct 2026
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