Shree Cement share price: The counter's 14-day relative strength index (RSI) came at 28.42. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-earnings (P/E) ratio of 68.31. It has a price-to-book (P/B) value of 5.15.
Shree Cement said it has been actively working on achieving its goal of beyond 80 million tonnes capacity. It said the commissioning of Purulia grinding unit with capacity of 3 mpta is scheduled by end of Q1FY24.
Most expensive stocks in India: The BSE and NSE have over 7,400 stocks listed. Most shares in the Indian stock market trade for less than Rs 1,000 per share. However, some stocks like MRF, Page Industries, Shree Cement are priced up to Rs 85,000. Watch this Business Today Visual Story to know all about the most expensive stocks in India.