Shree Cement lost 1.67% to Rs 5723.70 at 14:03 IST on BSE after net profit declined 18.81% to Rs 222.51 crore on 15.44% growth in total income to Rs 1714.56 crore in Q3 March 2014 over Q3 March 2013.
The Q3 result was announced during trading hours today, 28 April 2014.
Meanwhile, the S&P BSE Sensex was down 65.33 points or 0.29% at 22,622.74.
On BSE, so far 1,283 shares were traded in the counter as against average daily volume of 742 shares in the past two weeks.
The stock was volatile. The stock lost as much as 2.83% at the day's low of Rs 5656 so far during the day. The stock rose as much as 2.1% at the day's high of Rs 5943.65 so far during the day.
Shree Cement is present in the cement and power sector. The company's cement plants are located at Beawar, Ras, Khushkhera, Jobner (Jaipur) and Suratgarh in Rajasthan and Laksar (Roorkee) in Uttarakhand.
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