Shree Cement’s shares fell 4% on Tuesday to Rs 23,500.15 after the company reported an 80% YoY drop in Q2 profit, down to Rs 93.13 crore. The decline was driven by weak demand and lower prices for cement. Despite the seasonally slow quarter, sales volume also dropped 7% to 7.60 million tonnes.
2 top stock recommendations from Amit Bhuptani
Currently, we are also seeing that the Fibonacci golden ratio is also coming near 24,400 level. So, closing once Nifty gets above that level on
May 6, 2025