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The inventory quoted a 52-week excessive value of Rs 32050.0 and a low of Rs 22600.0. The return on fairness for the inventory stood at 14.84 per cent. About 484 shares have modified fingers on the counter thus far.
The inventory’s beta worth, which measures its volatility in relation to the broader market, stood at 1.16.
The scrip has been an underperformer, up 5.48 per cent up to now one yr compared with a 33.31 per cent achieve in Sensex.
Technicals
On the technical charts, the 200-day shifting common (DMA) of the inventory stood at Rs 22600.0 on December 08, whereas the 50-DMA was at Rs 27874.02. If a inventory trades effectively above 50-DMA and 200-DMA, it often means the quick pattern is upward. Then again, if the inventory trades effectively beneath 50-DMA and 200-DMA each, it’s thought-about a bearish pattern and if trades between these averages, then it suggests the inventory can go both means.
Promoter/FII Holding
Promoters held 62.55 per cent stake in Shree Cements Ltd. as of 30-Sep-2021. Mutual funds and overseas institutional buyers held 7.64 per cent and 13.53 per cent stake.
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