NIFTY 22475.85 BANK 48923.55

Shree Cement Ltd.
Share Price Target & Analysis

NSE:SHREECEM

25581.01

VWAP

25000.00

Open

24827.2

Close

25895.80

High

24927.90

Low

30737.75

52 Week High

25746.55 ⇧
919.35 (3.70%)

SHREECEM

(CEMENT & CEMENT PRODUCTS)
38.6% Momentum

Turnaround Potential

22605.60

52 Week Low

652.12

EPS

48.73

PE

5.08

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 25746.55, this results in a dividend yield of 0.39 %.

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 May 03, 2024 is 5.08.

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 25581.01.

Now, the main question is whether to BUY or SELL, NSE:SHREECEM at current valuation.
As per latest Analysis No. #974:-

⇑ 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 (May 03, 2024)

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

Shree Cement Ltd. share price moved Up by 3.70% from its previous close of Rs 24827.2. SHREECEM stock last traded price is 25746.55. SHREECEM share price trend is Up with a total of 221844 stocks traded till now. It has touched an intraday high of Rs 25895.80 and an intraday low of Rs 24927.90. The SHREECEM trading at 25746.55, Up by Rs. 919.35, or 3.70 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 3.70%. SHREECEM share price short term trend is Up. It suggests that SHREECEM Share Price for Tomorrow remains the same with VWAP at 25581.01 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

 25746.55

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: @24145.2

SHREECEM Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 24200.8 SELL 24226.1 SELL
MA_12 24728.2 SELL 24628.4 SELL
MA_20 25208.6 SELL 24872 SELL
MA_32 25174.3 SELL 25214 SELL
MA_50 25473 SELL 25510 SELL
MA_100 26471 SELL 25893 SELL
MA_200 25956.8 SELL 25811.9 SELL

SHREECEM Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 25208.6 Downtrend
MACD -114.66 SELL
ADX 22.24 NO or Weak Trend
DMI (+/-) 14.42 / 29.51 Downtrend

SHREECEM Momentum Oscillators

BUY (1) NEUTRAL (6) SELL (5)
Momentum Oscillators Value Action
RSI 33.48 Neutral
STOCHASTIC_K (Fast) 43.58 Neutral
STOCHASTIC_D (Slow) 35.37 Neutral
CCI -75.54 Neutral
PSAR 24917.1 SELL
TRUE RANGE 245.9 SELL
ATR 505.27 SELL
WILLIAMS R -87.55 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 90.68 Overbought
STOCHASTIC RSI D 58.35 Neutral
MOMENTUM -1539 SELL

SHREECEM Last 1 Year Trend

Duration Value
1 Year 0.28%
3 Months -12.5%
1 Month -5.99%
1 Week -1.03%

SHREECEM Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 23%
SELL 73%

Most popular Questions & Answers about SHREECEM


Shree Cement Ltd. stock last traded price is 25746.55. SHREECEM share price moved Up by 3.70% from its previous close of Rs 24827.2.

Shree Cement Ltd. share price trend is Up with a total of 221844 stocks traded till now. It has touched an intraday high of Rs 31045.1275 and an intraday low of Rs 24927.90. The SHREECEM trading at 25746.55, Up by Rs. 919.35, or 3.70 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 25581.01.

The market cap of Shree Cement Ltd. is ₹86564.6 (in Cr) as of May 02, 2024.

The current price to earning ratio for Shree Cement Ltd. as of May 02, 2024 is 48.73.

The current price to book ratio for Shree Cement Ltd. as of May 02, 2024 is 5.08.

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 ₹25746.55, Up by Rs. 919.35, or 3.70 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 May 03, 2024 is 5.08.


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 9811.00 237.61 1833.65
SHREECEM 25746.55 652.12 5068.75
AMBUJACEM 622.45 9.36 95.82
ACC 2530.95 113.12 853.19
DALBHARAT 1798.00 5.97 418.48
JKCEMENT 3980.00 97.67 608.47
RAMCOCEM 772.00 18.03 287.51
BIRLACORPN 1559.90 23.45 667.26
RAIN 172.20 1.58 27.43
INDIACEM 222.30 0 166.65
Updated at: 03 May 2024 15:29

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