Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Broker’s Call: Shree Cement (Buy)

Based on the open interest future percentage, there were 57 stocks including Whirlpool, Navin Fluorine International, Shree Cement, Nifty, and Apollo Tyres in which a long unwinding was seen

Trade setup for today: Top 15 things to know before the opening bell

KR Choksey recommended accumulate rating on Shree Cement with a target price of Rs 22,888 in its research report dated October 18, 2022.

Accumulate Shree Cement; target of Rs 22,888: KR Choksey

ICICI Direct is bullish on Shree Cement recommended buy rating on the stock with a target price of Rs 24,300 in its research report dated October 17, 2022.

Buy Shree Cement; target of Rs 24,300: ICICI Direct

Current utilisation level for the company is at 62-64%, which offers plenty of growth opportunities.

Shree Cement’s good show fails to impress street

Based on the open interest future percentage, there were 48 stocks in which a short build-up was seen, including Syngene International, Shree Cement, Can Fin Homes, Persistent Systems, and NALCO

Sharekhan is bullish on Shree Cement has recommended buy rating on the stock with a target price of Rs 24,000 in its research report dated October 14, 2022.

Buy Shree Cement; target of Rs 24,000: Sharekhan

Broker’s call: Shree Cement (Buy)

Rating on ICICI Prudential, JPMorgan remained underweight on D-Mart and Tata Elxsi, BofA Securities maintained its buy rating on Federal Bank and Citigroup maintained sell call on Shree Cement.

Hot Stocks: Global brokerages on ICICI Prudential, D-Mart, Tata Elxsi, Federal Bank and Shree Cement

The good news for Shree Cement investors is that the company should be able to clock decent volume growth going ahead

Shree Cement’s Q2 volume growth decent, but offers no respite to investors

HM Bangur, MD, Shree Cement talks about the disappointing Q2FY23 earnings, with revenue and margin below estimates and blended realisations down 9.5 percent QoQ. Listen in.

#hmbangur #shreecement #q2fy23 #q2 #cnbctv18
#businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday  

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n18oc_business

HM Bangur On Shree Cement's Disappointing Q2FY23 & Way Ahead | Bazaar Corporate Radar | CNBC-TV18

Shree Cement Limited is a holding company. The Company is engaged in the manufacturing and selling of cement and cement related products. The Company's manufacturing operations are spread over Northeast and South India across approximately nine states. It has a cement production capacity of approximately 43.4 million tons per annum (MTPA). The Company has operations in Rajasthan, Chhattisgarh, Karnataka, Uttarakhand, Haryana, Uttar Pradesh, Bihar, Jharkhand and Odisha. The Company's brands include Roofon Concrete Master Cement, Bangur Power Cement, Shree Jung Rodhak Cement, Bangur Cement and Rockstrong Cement. Its total power generation capacity is approximately 752 megawatts. It produces synthetic gypsum to replace use of natural gypsum in cement manufacturing. Its subsidiaries include Shree Global FZE and Raipur Handling and Infrastructure Private Limited.

Shree Cement Ltd

Shree Cement Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Broker’s Call: Shree Cement (Buy)

Trade setup for today: Top 15 things to know before the opening bell

Accumulate Shree Cement; target of Rs 22,888: KR Choksey

Buy Shree Cement; target of Rs 24,300: ICICI Direct

Shree Cement’s good show fails to impress street

Trade setup for today: Top 15 things to know before the opening bell

Buy Shree Cement; target of Rs 24,000: Sharekhan

Broker’s call: Shree Cement (Buy)

Shree Cement Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Broker’s Call: Shree Cement (Buy)

Trade setup for today: Top 15 things to know before the opening bell

Accumulate Shree Cement; target of Rs 22,888: KR Choksey

Buy Shree Cement; target of Rs 24,300: ICICI Direct

Shree Cement’s good show fails to impress street

Trade setup for today: Top 15 things to know before the opening bell

Buy Shree Cement; target of Rs 24,000: Sharekhan

Broker’s call: Shree Cement (Buy)

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock