Shree Cement jumps 6% to 52-week high as Q3 net doubles
Thu, Feb 1, 2024 10:21 AM

Shree Cement jumps 6% to 52-week high as Q3 net doubles

A Flip by Shubhangi Gupta
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Shree Cement's shares soar 6% to a new high after impressive Q3 earnings, with net profit doubling and revenue growing. Analysts recommend buying the stock due to its efficient operations, ambitious capex plans, and potential for growth in premium products. Central government spending and upcoming elections expected to boost cement demand.

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