Shree Cement

Pan-India average cement prices improved by ₹ 10-13 per bag month-on-month in May as companies attempted price hikes to partially offset the cost inflation arising due to the West Asia crisis

Shree Cement's shift signals a potential cooling of the aggressive capacity-addition cycle among India’s top cement producers, who had been racing to scale up output.

Shree Cement announced a final dividend of ₹ 70 per share for FY26, totaling ₹ 150 for the year. The company reported a March-quarter revenue of ₹ 6,101 crore and a net profit of ₹ 1,292 crore. Expansion plans include new RMC plants and increased cement capacity.

UltraTech stock is trading at FY28 EV/Ebitda of around 16x, a premium to rivals Ambuja Cements, ACC and Shree Cement

As many as 719 stocks, including Swiggy, SBI Cards and Payment Services, IRFC, RVNL, REC, Concor, DLF, Naukri, Page Industries, Procter & Gamble Hygiene and Health Care, and Shree Cement, hit their 52-week lows in intraday trade on the BSE.

While Shree Cement has narrowed the pricing gap by prioritizing value, muted volume growth suggests a loss of market share.

Shree Cement has already finalized and acquired land in Chandrapur, and is awaiting environmental clearance.

The cement maker’s volumes trailed industry growth in the first half of FY26, even as it bets on premium brands to sustain margins and reaffirm its full-year targets.