Shree Cement Q2 Review - IDBI Capital Maintains 'Buy', Revises Target Price; Sees 25% Upside

1 week ago 8

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IDBI Capital reiterates its rating to Buy, awaiting better demand traction and revises the target price.

29 Oct 2025, 09:52 AM IST i

29 Oct 2025, 09:52 AM IST

29 Oct 2025, 09:52 AM IST

<div class="paragraphs"><p>Shree Cement declared highest-ever interim dividend of Rs 80/share.</p><p> (Cement bags lying inside a warehouse in Jogeshwari, Mumbai. Photo source: Vijay Sartape/ NDTV Profit)</p></div>

Shree Cement declared highest-ever interim dividend of Rs 80/share.

(Cement bags lying inside a warehouse in Jogeshwari, Mumbai. Photo source: Vijay Sartape/ NDTV Profit)

Shree Cement's sustainability initiatives continued to strengthen, with green power capacity reaching 612 MW, covering 60% of total needs, while alternative fuels and raw materials use rose to 2.3% and rail logistics share increased to 11% with a 20% target.

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