India's Shree Cement rises after Q4 results; brokerages diverge on growth outlook

Shree Cement

07/05/2026 06:45

** Shree Cement SHCM.NS shares rise 3.1% to 25,750 rupees, set for a fourth straight session of gains

** Co reports 7.7% rise in Q4 revenue with total sales volumes up 11% year-on-year, though profit falls 4.3%

** Brokerage Systematix Institutional Equities raises rating to "buy"; says co is regaining market share as seen in its strong volume growth, which is a sign of relief

** CLSA says Shree could outperform peers, with volume growth now largely matching industry levels

** Ambit Capital raises TP on stock to 22,000 rupees, says despite a strong Q4 and low FY27 base, management's 10–11% volume growth guidance appears optimistic

** Emkay cuts co to "add", cautious on management's market-share push amid soft demand and high input costs through H1 2027

** YTD, stock down 3.2%

 (Reporting by Abhinav Parmar in Bengaluru)

 ((Abhinav.Parmar@thomsonreuters.com;))