Shree Cement will acquire the 1.5 million tonne cement grinding unit of Jaiprakash Associates at Panipat in Haryana, for Rs 360 crore. CNBC-TV18's Pragya Bhardwaj has more details on the contours of this deal.
Shree Cement will acquire the 1.5 million tonne cement grinding unit of Jaiprakash Associates at Panipat in Haryana, for Rs 360 crore. CNBC-TV18's Pragya Bhardwaj has more details on the contours of this deal.
Shree Cements stock price
On August 25, 2014, Shree Cements closed at Rs 7862.00, down Rs 177.5, or 2.21 percent. The 52-week high of the share was Rs 8160.00 and the 52-week low was Rs 3412.65.
The company's trailing 12-month (TTM) EPS was at Rs 228.07 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 34.47. The latest book value of the company is Rs 1103.32 per share. At current value, the price-to-book value of the company is 7.13.
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