Earlier in the day, the stock saw a gap down opening.
At the prevailing price, the stock traded at 40.09 times its trailing 12-month EPS of Rs 716.77 per share and 6.91 times its book value, as per BSE data.
A total of 485 shares changed hands on the counter till 12:19PM (IST). The stock commands a market value of Rs 103689.76 crore and is part of the Cement – North industry.
The scrip has been an underperformer , up 39.48 per cent in the past one year in comparison with a 56.81 per cent gain in Sensex.
During the day, the stock moved between Rs 29005.0 and Rs 28601.0.
Promoters held 62.55 per cent in the company as of 30-Jun-2021. FII and MF ownership in Shree Cements Ltd. stood at 13.02 per cent and 7.92 per cent, respectively.