Shree Cement shares fall 4% after Q2 results disappoint. Should you invest?
Shares of Shree Cement dropped 4% on Tuesday to an intraday low of Rs 23,500.15 on the BSE after the Kolkata-based companyβs Q2 profit plunged more than 80% on year to Rs 93.13 crore. The profit was weighed down by weakness in both demand and prices for the building material during the three months. While…
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shree cement shares: Shree Cement shares drop over 3% after 51% YoY decline in Q1 PAT. Should you invest?
Shares of Shree Cement on Thursday fell 4% on BSE to its dayβs low of Rs 24,234.15 after the company reported a 51% year-on-year (YoY) decline in its net profit for the June quarter to Rs 278.6 crore. The company reported a net profit of Rs 572.3 crore for the corresponding quarter of the last…
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