Shree Cement Ltd. Share Price Today

Techno Funda Ratings

RS Rating
17
Weak
EPS Rating
31
A/D Rating
C
Moderate

Key Metrics

Current Price

₹23490

Market Cap

₹ 82,957 Cr.

Stock P/E

50.9

ROE

7.51 %

RSI

49.31

Trend

Bearish

Share Price Chart

Technical Commentary

Shree Cement Ltd currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of C, a Relative Strength Rating of 17 and an EPS Rating of 31. TI65 trend indicator currently remains Bearish.

Buy or Sell Analysis

Structural Downward Distribution Phase (Avoid / Sell Setup). Shree Cement Ltd is currently locked in a severe structural downtrend, trading below its declining 50-day moving average (25810.8) and defensive 200-day moving average (25626.53). A weak market performance score (RS Rating: 17) combined with lagging fundamental corporate earnings growth (EPS Rating: 31) indicates that large-scale institutional capital is rotating out of this asset. Net accumulation metrics are extremely poor (A/D Rating: C), and the balanced RSI of 49.31 proves that the stock is not yet oversold enough to trigger a meaningful dead-cat bounce. Fresh long entries are highly discouraged, as the stock offers no technical reversal signals. Capital preservation is the priority here; capital should be reallocated to higher-strength sectors.

Company Overview

Shree Cement is engaged in manufacturing and selling of cement and cement related products and is ** one of the lowest cost producers in the country. It is the 3rd largest** cement producer in India with an installed capacity of 46.4 MTPA. [1]

Shree Cement Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Shree Cement Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Shree Cement Ltd share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price23490
RSI (14)49.31
50 DMA25810.8
200 DMA25626.53
TrendBearish
A/D RatingC
RS Rating17
EPS Rating31
TI650.94
TI65 TrendBearish

Pivot Points Analysis

Daily pivot points for Shree Cement Ltd. calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹24246.66
R2₹24023.33
R1₹23756.66
PP₹23533.33
S1₹23266.66
S2₹23043.33
S3₹22776.66

Financial Ratios

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MetricValue
Market Cap₹ 82,957 Cr.
Current Price₹ 23,490
High / Low₹ 30,880 / 22,550
Stock P/E50.9
Book Value₹ 6,449
Dividend Yield0.64 %
ROCE10.3 %
ROE7.51 %
Face Value₹ 10.0

Quarterly Results

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QuarterSalesProfitOPM
Jun 20235,03657219%
Sep 20234,77444719%
Dec 20235,19370224%
Mar 20245,40167626%
Jun 20245,12427818%
Sep 20244,0547715%
Dec 20244,57319421%
Mar 20255,53257526%
Jun 20255,28164425%
Sep 20254,76131020%
Dec 20254,80126820%
Mar 20266,10152823%
Jun 20266,23353120%

Shareholding Pattern

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HolderHolding
Promoters 64.79%
FIIs 14.60%
DIIs 14.65%
Government 0.00%
Public 5.96%
No. of Shareholders20,910

Pros and Cons

Pros

    Cons

    • Valuation metrics appear elevated with a trailing P/E of 50.9, demanding high performance requirements.
    • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

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    Frequently Asked Questions

    What is the current technical trend and RSI for Shree Cement Ltd share?

    Based on the latest closing data, the technical momentum for Shree Cement Ltd is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 49.31, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (25810.8) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Shree Cement Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Shree Cement Ltd today centers at a Pivot Point (PP) of ₹23533.33. Upside resistance challenges are calculated at R1: ₹23756.66, R2: ₹24023.33, and R3: ₹24246.66. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹23266.66, S2: ₹23043.33, and S3: ₹22776.66.

    How does the fundamental ROE and P/E ratio look for Shree Cement Ltd?

    Shree Cement Ltd is currently trading with a valuation metrics context of a Stock P/E of 50.9, against a core structural efficiency Return on Equity (ROE) standing at 7.51 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 31, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Shree Cement Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Structural Downward Distribution Phase (Avoid / Sell Setup). Shree Cement Ltd is... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of C, a Relative Strength (RS) ranking of 17, and long-term trend backing from the TI65 indicator (Bearish pattern).

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