Is Shree Cement overvalued?
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Is Shree Cement overvalued?
They are giving profitability per tonne and the growth in their markets realisations are good and holding up. That is why the stock will trend. I agree that at $12 billion of market cap, it is definitely overvalued but chances are it will remain so.
Why Shree Cement price is high?
Thus far in the six trading days of February, Shree Cement has surged 23 per cent after the company reported healthy Ebitda (earnings before interest, taxes, depreciation, and amortisation) growth of 28.2 per cent year on year (YoY) to Rs 1,089 crore driven by improved sales volume (up 14.6 per cent YoY to 7.16 MT) and …
How good is Shree Cement?
Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bound every year.
Which company owns Shree Cement?
The company was promoted by Calcutta-based industrialists P D Bangur and B G Bangur. The company is one of the largest cement producers in Rajasthan (Beawar) and is the largest single location manufacturer in Northern India.
Is Shree Cement debt free?
How Much Debt Does Shree Cement Carry? The image below, which you can click on for greater detail, shows that Shree Cement had debt of ₹17.3b at the end of March 2021, a reduction from ₹33.1b over a year. However, its balance sheet shows it holds ₹46.7b in cash, so it actually has ₹29.4b net cash.
What is intrinsic value of Ultratech Cement?
UltraTech Cement
| As Of | Intrinsic Value | Market Price |
|---|---|---|
| 30 Sep 2021 | Rs. 3,432.95 | Rs. 7,396.10 |
| 18 Nov 2021 | —- | Rs. 7,767.70 |
| -90.00 -1.16\% |
Which cement is best Shree or UltraTech?
In terms of Realization per tonne, UltraTech Cement gets the first position and the fifth position is obtained by Shree Cement. Whereas in the case of EBITDA per tonne, the first rank is ranked by Shree Cement and ACC cement gets the fifth rank.
Which cement is best ACC or Dalmia?
Top 10 Cement Companies In India Revenue Comparison 2020, 2019, 2018, 2017
| Year | Revenue in 2021 (Up to June) | Revenue 2017 |
|---|---|---|
| Ambuja Cements | 24,516 | 23,608 |
| Shree Cement | 13,476 | 8,594 |
| ACC Cement | 13,785 | 13,285 |
| Dalmia Bharat | 10,522 | 7,447 |
What is the grade of Shree Cement?
Grade 53
Shree Ultra Cement, Packaging Type: Sack Bag,Bag, Grade: 53
| Packing Size | 50kg/ bag |
|---|---|
| Grade | 53 |
| Brand | Shree Cement |
| Feature | Fire Resistant, Rapid Hardening, Water Proof |
| Type | PPC (Portland Pozzolana Cement) |
Is UltraTech Cement debt free?
What Is UltraTech Cement’s Net Debt? As you can see below, UltraTech Cement had ₹219.4b of debt at March 2021, down from ₹240.6b a year prior. On the flip side, it has ₹148.0b in cash leading to net debt of about ₹71.4b.
Is UltraTech debt free?
However, for investors in this stock, UltraTech’s debt reduction spree is more comforting as the company aims to become net-debt free by FY23. UltraTech has prepaid long-term loans of ₹5,000 crore this month and its net debt-to-Ebitda is now less than 0.5 times, it added.
What is the intrinsic value of Shree Cement?
Shree Cement
| As Of | Intrinsic Value | Market Price |
|---|---|---|
| 30 Sep 2021 | Rs. 8,706.90 | Rs. 28,901.55 |
| 26 Nov 2021 | —- | Rs. 25,945.80 |
| -724.70 -2.79\% |