Amazing breakout on WEEKLY Timeframe - SHREECEMCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
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339.05 INR
23.96 B INR
203.34 B INR
9.83 M
About SHREE CEMENT LTD
Sector
Industry
CEO
Neeraj Akhoury
Website
Headquarters
Kolkata
Founded
1979
ISIN
INE070A01015
FIGI
BBG000CZMTR1
Shree Cement Ltd. engages in the manufacturing of cement and related products. The company's brand names include Shree Ultra, Bangur, and Rock Strong. It operates through Within India and Outside India geographical segments. The company was founded on October 25, 1979 and is headquartered in Kolkata, India.
Range Break out in SHREE CEMENTSHREECEMENT has closed above 28500 levels on a weekly basis for the first time in 4 years. For the last one and a half years, it has been trading in the range of 24000-28000. It can reach up upto 34000 levels, as per the pattern target, once it breaches its all-time high levels of 31000.
Shree CementShree 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.
Right now Indian Market is not supporting any long position at
Shree Cement Q3FY25 Growth Outlook & Technical ViewQ3FY25 Performance
Sales volume: Up 15% QoQ, from 7.60 mn tonnes to 8.77 mn tonnes.
EBITDA: Jumped from ₹593 crore to ₹947 crore.
PAT: More than doubled from ₹93 crore to ₹229 crore.
Net revenue: Grew 14% QoQ to ₹4,235 crore.
Growth Outlook
Cement demand expected to rise due to:
1. Higher rura
SHREECEM Price action analysisBased on the latest available data, the price action analysis for Shree Cement Ltd (SHREECEM) indicates a bullish trend in the short to medium term:
1. The stock is trading above its key moving averages, including the 5, 10, 20, 50, 100, and 200-day moving averages, suggesting strong upward momentu
SHREECEM - Stock to be in RADARView : To be determined
Entry Zone- Once the price breaks out of the triangle in Weekly Timeframe
Timeframe: Weekly
Notes: The price has been consolidating since October 2023, forming a Triangle pattern. Resistance and support levels are marked on the chart, showing how the price has consistently re
Shree Cement - TomorrowThis stock has following attributes after testing the support at the Price Action line
1) Price > 50 DMA
2) 50 DMA > 200 DMA just crossed over and looking up
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher
See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of SHREECEM is 29,980.00 INR — it has increased by 1.14% in the past 24 hours. Watch SHREE CEMENT LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange SHREE CEMENT LTD. stocks are traded under the ticker SHREECEM.
SHREECEM stock has fallen by −0.60% compared to the previous week, the month change is a 3.15% rise, over the last year SHREE CEMENT LTD. has showed a 22.60% increase.
We've gathered analysts' opinions on SHREE CEMENT LTD. future price: according to them, SHREECEM price has a max estimate of 34,000.00 INR and a min estimate of 18,000.00 INR. Watch SHREECEM chart and read a more detailed SHREE CEMENT LTD. stock forecast: see what analysts think of SHREE CEMENT LTD. and suggest that you do with its stocks.
SHREECEM reached its all-time high on Apr 9, 2021 with the price of 32,050.00 INR, and its all-time low was 84.75 INR and was reached on Oct 29, 2003. View more price dynamics on SHREECEM chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SHREECEM stock is 3.07% volatile and has beta coefficient of 0.79. Track SHREE CEMENT LTD. stock price on the chart and check out the list of the most volatile stocks — is SHREE CEMENT LTD. there?
Today SHREE CEMENT LTD. has the market capitalization of 1.11 T, it has increased by 2.99% over the last week.
Yes, you can track SHREE CEMENT LTD. financials in yearly and quarterly reports right on TradingView.
SHREE CEMENT LTD. is going to release the next earnings report on May 19, 2025. Keep track of upcoming events with our Earnings Calendar.
SHREECEM earnings for the last quarter are 63.58 INR per share, whereas the estimation was 66.70 INR resulting in a −4.67% surprise. The estimated earnings for the next quarter are 143.81 INR per share. See more details about SHREE CEMENT LTD. earnings.
SHREE CEMENT LTD. revenue for the last quarter amounts to 42.35 B INR, despite the estimated figure of 44.39 B INR. In the next quarter, revenue is expected to reach 51.13 B INR.
SHREECEM net income for the last quarter is 1.93 B INR, while the quarter before that showed 764.40 M INR of net income which accounts for 153.01% change. Track more SHREE CEMENT LTD. financial stats to get the full picture.
SHREE CEMENT LTD. dividend yield was 0.41% in 2023, and payout ratio reached 15.81%. The year before the numbers were 0.38% and 28.39% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 25, 2025, the company has 21.3 K employees. See our rating of the largest employees — is SHREE CEMENT LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SHREE CEMENT LTD. EBITDA is 39.27 B INR, and current EBITDA margin is 21.57%. See more stats in SHREE CEMENT LTD. financial statements.
Like other stocks, SHREECEM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SHREE CEMENT LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SHREE CEMENT LTD. technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SHREE CEMENT LTD. stock shows the buy signal. See more of SHREE CEMENT LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.