Shiva Cement reports standalone net loss of Rs 24.67 crore in the December 2022 quarter

Shiva Cement jumped 4.07% to Rs 57.50 after the company announced the receipt of approval from Odisha’s pollution control board for operating its clinker and waste heat recovery unit.

Shiva Cement soars on receiving consent to operate from Odisha’s Pollution Control Board

Shiva Cement reports standalone net loss of Rs 11.19 crore in the September 2022 quarter

Shiva Cement Standalone December 2021 Net Sales At Rs 0.03 Crore, Down 99.55% Y-o-Y

Shiva Cement reports standalone net loss of Rs 4.39 crore in the December 2021 quarter

Shiva Cement reports standalone net loss of Rs 4.44 crore in the September 2021 quarter

Among the stock-specific action, GOCL Corp, Shiva Cement, Aban Offshore and Borosil Renewables hit their upper circuit. Investors booked profits in Chambal Fertilizers and Bandhan Bank, whereas TCS tanked 6 per cent after a flop show in Q2.

Biggest gainers & losers of the day: Energy stocks zoom, TCS tanks 6%

Shiva Cement Standalone June 2021 Net Sales At Rs 3.41 Crore, Up 0% Y-o-Y

Shiva Cement reports standalone net loss of Rs 5.36 crore in the June 2021 quarter

Mphasis, Persistent Systems, Music Broadcast, Shiva Cement, South Indian Bank, Sterlite Technologies are set to release their quarterly earnings today.

Important results today: Hindustan Unilever, UltraTech, Biocon, Bajaj Auto among others

Shiva Cement was founded in 1985 and the first commercial production commenced in 1986 in Orissa.

Shiva Cement board to avail term loan of Rs1066cr for project expansion

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The Company is engaged in the dealing of cement, clinker & limestone chips. Its products is marketed under SUMANGAL brand. The Company's manufacturing facility is located in Orissa and markets its products in Odisha, West Bengal, Jharkhand and Bihar.

Shiva Cement Ltd