Shree Cements share price falls over 4% post Q1 earnings; check what brokerages say
Shree Cement share price fell over 4% on Thursday after the company declared a 13.5% fall in consolidated net profit at Rs 330.35 crore for April-June quarter of FY21 against a profit of Rs 382 crore in the same period last year.
Following the earnings update, Shree Cements share price fell 4.71% to the intraday low of Rs 21,335.4 on BSE against the earlier close of Rs 115.80. The stock also hit an intraday high of Rs 22,000 during today’s session, also its opening value.
Shares of Shree Cem…