Shree Cement share price climbs 4% to hit a 52-week high after Q4 results; should investors buy, sell or hold?

Shree Cement share price climbed 4 per cent to hit a 52-week high of ₹31,865.20 in morning trade on Thursday, May 15, a day after the cement company reported its March quarter (Q4FY25) results. Shree Cement share price opened at ₹31,099.45 against its previous close of ₹30,631.90 and jumped 4 per cent to its 52-week high of ₹31,865.20. Around 10 AM, the cement stock traded 3.5 per cent higher at ₹31,695.

During market hours on May 14, Shree Cement reported standalone net profit of ₹556 crore for Q4FY25, falling 16 per cent year-on-year (YoY) compared to ₹662 crore in the same quarter of the previous financial year.

Revenue from operations rose over 3.3 per cent to ₹5,240.15 crore in the quarter under review as compared to ₹5,072.68 crore in Q4FY24.

The stock closed 1.43 per cent higher at ₹30631.90 in the previous session after the company announced Q4 results.

(This is a developing story. Please check back for fresh updates.)

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