Shree Cement Limited’s shares reached a new 52-week high of ₹31,395.00 following the successful commissioning of a new clinker grinding unit. The facility, located at Baloda Bazar in Raipur, Chhattisgarh, has a production capacity of 3.40 million tonnes per annum (MTPA).
This brownfield expansion is part of the company’s ongoing efforts to enhance its production capacity. By increasing clinker grinding capabilities, Shree Cement aims to better address regional demand and improve supply chain efficiencies.
The commissioning is expected to support the company’s operational growth strategy and may contribute to improved market positioning in the cement sector.
Shree Cement shares opened at ₹31,000, hitting a high of ₹31,395 and a low of ₹30,950 today. The stock touched its 52-week high of ₹31,395, showing strong bullish momentum, while the 52-week low stands at ₹23,500. As of 10:26 AM, the shares were trading 0.77% higher at ₹31,240.00.
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