Monday, 6 March 2017


Shree Cements has won a bid for 60000 tonne per year of coal from South Eastern Coalfields Ltd., (a subsidary of Coal India) as part of the coal linkage auction for the cement sector. The coal linkage is for the company's cement plant in Raipur, Chhattisgarh.

Stock of Shree Cements is trading at Rs 16191 per share, and is higher by Rs 203 per share or 1.2%. The stock has rewarded its investors with sweeping 46.22% returns in past one year. However, the company is at par with BSE benchmark, Sensex in terms of YTD returns, whereby Shree Cements has given 8.52% return YTD; and Sensex 8.28% YTD.

The Nifty Commodity index has performed better than Shree Cements Ltd., on a YTD basis with 12.30% returns.

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