Shree Cement's Strong Performance Highlights Resilience Amid Broader Market Decline

May 20 2025 02:05 PM IST
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Shree Cement is exhibiting strong market performance, trading near its 52-week high and showing an 8.78% gain over the past eight days. The stock has consistently outperformed its sector and has delivered a 21.19% return over the past year, despite broader market declines.
Shree Cement has shown significant activity today, reflecting its strong market position within the Cement & Cement Products industry. The stock is currently trading just 0.08% away from its 52-week high of Rs 31,865.2, which it reached on May 20, 2025. Over the past eight days, Shree Cement has demonstrated a robust performance, gaining 8.78% during this period and outperforming its sector by 1.23% today.

In terms of moving averages, Shree Cement is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price performance. Over the past year, the stock has delivered a return of 21.19%, significantly outpacing the Sensex, which has recorded a return of 9.97%.

Despite a negative trend in the broader market, with the Sensex declining by 708.18 points today, Shree Cement's performance remains strong. The stock's 52-week low stands at Rs 23,500.15, highlighting its substantial recovery and growth over the past year.
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