Shree Cement rises on commissioning 3.50 MTPA cement mill
Shree Cement is currently trading at Rs. 23128.50, up by 171.00 points or 0.74% from its previous closing of Rs. 22957.50 on the BSE.
The scrip opened at Rs. 23131.20 and has touched a high and low of Rs. 23350.20 and Rs. 23047.25 respectively. So far 194 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 32508.20 on 22-Jul-2025 and a 52 week low of Rs. 22860.70 on 13-Mar-2026.
Last one week high and low of the scrip stood at Rs. 24600.00 and Rs. 22860.70 respectively. The current market cap of the company is Rs. 84026.65 crore.
The promoters holding in the company stood at 62.55%, while Institutions and Non-Institutions held 24.91% and 12.53% respectively.
Shree Cement has commissioned its cement mill at Kodla plant in Karnataka, having capacity of 3.50 MTPA. With this the integrated cement plant has been fully commissioned. The cement capacity, which was initially reported as 3.0 MTPA, finally stands at 3.50 MTPA during commissioning based on equipment optimization and process improvements implemented during project execution.
With commissioning of the above plant, the total cement capacity of the Company at Kodla, Karnataka now stands at 6.50 MTPA and overall India Cement Capacity has increased close to 70 MTPA.
