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Shree Cement Ltd.
Share Price Target & Analysis

NSE:SHREECEM

24578.3

VWAP

24155

Open

24052.8

Close

24822

High

24043.7

Low

30737.8

52 Week High

24814.00 ⇧
761.15 (3.16%)

SHREECEM

(CEMENT & CEMENT PRODUCTS)
18.1% Momentum

Turnaround Potential

23500

52 Week Low

500.77

EPS

48.88

PE

4.39

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 105 per share. At the current share price of SHREECEM at Rs 24814.00, this results in a dividend yield of 0.42 %.

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 500.77. NSE:SHREECEM book value per share as of today is 5649.69. The current price to book ratio for SHREECEM as of Nov 23, 2024 is 4.39.

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 45.18% is very crucial parameter which shows that 45.18% investors are anticipating that the price of SHREECEM share should go up with VWAP at 24578.3.

Now, the main question is whether to BUY or SELL, NSE:SHREECEM at current valuation.
As per latest Analysis No. #1265:-

⇑ 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 (Nov 23, 2024)

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

Shree Cement Ltd. share price moved Up by 3.16% from its previous close of Rs 24052.8. SHREECEM stock last traded price is 24814.00. SHREECEM share price trend is Up with a total of 13881 stocks traded till now. It has touched an intraday high of Rs 24822 and an intraday low of Rs 24043.7. The SHREECEM trading at 24814.00, Up by Rs. 761.15, or 3.16 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 3.16%. SHREECEM share price short term trend is Up. It suggests that SHREECEM Share Price for Tomorrow remains the same with VWAP at 24578.3 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

 24814.00

SHREECEM Share Price Target Prediction for 2024 ^

 24637.6 - 28757.2

SHREECEM Share Price Target Prediction for 2025*^

 28757.2 - 32907.9

SHREECEM Share Price Target Prediction for 2026*^

 32907.9 - 35211.5

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
5621.4

*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: @24091.7

SHREECEM Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 24293 SELL 24291.8 SELL
MA_12 24754.6 SELL 24571.7 SELL
MA_20 24732.8 SELL 24699.2 SELL
MA_32 24968.2 SELL 24889.9 SELL
MA_50 25186.7 SELL 25070.4 SELL
MA_100 25608.8 SELL 25385.8 SELL
MA_200 25905.8 SELL 25717.2 SELL

SHREECEM Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 24732.8 Downtrend
MACD -72.03 SELL
ADX 19.37 NO or Weak Trend
DMI (+/-) 11.04 / 28.19 Downtrend

SHREECEM Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 36.56 Neutral
STOCHASTIC_K (Fast) 42.42 Neutral
STOCHASTIC_D (Slow) 41.35 Neutral
CCI -131.49 SELL
PSAR 25243.2 SELL
TRUE RANGE 568.3 SELL
ATR 525.25 SELL
WILLIAMS R -71.21 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 14.84 Oversold
STOCHASTIC RSI D 4.95 Oversold
MOMENTUM -347.85 SELL

SHREECEM Last 1 Year Trend

Duration Value
1 Year -8.4%
3 Months -0.47%
1 Month -1.42%
1 Week -2.77%

SHREECEM Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 20%
SELL 80%

Most popular Questions & Answers about SHREECEM


Shree Cement Ltd. stock last traded price is 24814.00. SHREECEM share price moved Up by 3.16% from its previous close of Rs 24052.8.

Shree Cement Ltd. share price trend is Up with a total of 13881 stocks traded till now. It has touched an intraday high of Rs 31045.178 and an intraday low of Rs 24043.7. The SHREECEM trading at 24814.00, Up by Rs. 761.15, or 3.16 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 24578.3.

The market cap of Shree Cement Ltd. is ₹86564.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Shree Cement Ltd. as of Nov 22, 2024 is 48.88.

The current price to book ratio for Shree Cement Ltd. as of Nov 22, 2024 is 4.39.

The highest price of Shree Cement Ltd. stock is ₹30737.8 in the last 52-week.

The lowest price of Shree Cement Ltd. stock is ₹23500 in the last 52-week.

Shree Cement Ltd. share trading at ₹24814.00, Up by Rs. 761.15, or 3.16 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 ₹24637.6 on downside and ₹28757.2 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 ₹28757.2 on downside and ₹32907.9 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 ₹32907.9 on downside and ₹35211.5 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.

The price of Shree Cement Ltd. (SHREECEM) shares moved by 3.16%. The short-term trend for SHREECEM share price is Up. It implies that the share price of SHREECEM will stay the same tomorrow and that intraday traders should treat VWAP at 24578.3 as a stop loss. Investors with a long-term outlook can track SHREECEM long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SHREECEM stock is 6004.2. Compared to the current market price of 24814.00 INR, the SHREECEM stock is Overvalued by 75.8%.

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 500.77. Shree Cement Ltd. book value per share as of today is 5649.69. The current price to book ratio for SHREECEM as of Nov 23, 2024 is 4.39.


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 11301.15 223.54 1849.96
SHREECEM 24814.00 500.77 5649.69
AMBUJACEM 502.60 8.6 150.46
ACC 2089.60 99.91 853.19
DALBHARAT 1808.25 6.72 415.87
JKCEMENT 4135.85 100.08 692.83
RAMCOCEM 944.95 11.67 302.34
BIRLACORPN 1101.30 11 727.42
RAIN 148.25 0.54 27.43
INDIACEM 356.25 0 174.22
Updated at: 22 Nov 2024 15:30

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