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An update from Shree Cement Limited ( (IN:SHREECEM) ) is now available.
Shree Cement Limited announced that CARE Ratings Limited has reaffirmed its credit ratings for various financial instruments. The long-term bank facilities have been rated ‘CARE AAA; Stable’, while the short-term bank facilities and commercial paper have been rated ‘CARE A1+’. This reaffirmation indicates a stable outlook for the company, reflecting its strong financial position and operational efficiency, which is likely to bolster stakeholder confidence and enhance its industry standing.
More about Shree Cement Limited
Shree Cement Limited is a prominent company in the cement industry, primarily engaged in the manufacturing and sale of cement and cement-related products. The company operates in a competitive market, focusing on expanding its market presence and maintaining high standards in its product offerings.
Average Trading Volume: 580
Technical Sentiment Signal: Buy
Current Market Cap: 1069.3B INR
Find detailed analytics on SHREECEM stock on TipRanks’ Stock Analysis page.