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The inventory quoted a 52-week excessive value of Rs 31441.05 and a low of Rs 21667.5. The return on fairness for the inventory stood at 14.84 per cent. About 1,037 shares have modified palms on the counter to date.
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, down 17.3 per cent prior to now one 12 months as compared with a 8.19 per cent acquire in Sensex.
Technicals
On the technical charts, the 200-day transferring common (DMA) of the inventory stood at Rs 21667.5 on Could 16, whereas the 50-DMA was at Rs 24130.85. If a inventory trades nicely above 50-DMA and 200-DMA, it normally means the fast development is upward. Then again, if the inventory trades nicely beneath 50-DMA and 200-DMA each, it’s thought-about a bearish development and if trades between these averages, then it suggests the inventory can go both approach.
Promoter/FII Holding
Promoters held 62.55 per cent stake in Shree Cements Ltd. as of 31-Mar-2022. Mutual funds and overseas institutional buyers held 7.43 per cent and 12.2 per cent stake.
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