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The latest update is out from Shree Cement Limited ( (IN:SHREECEM) ).
Shree Cement Limited announced that CRISIL Ratings Limited has reaffirmed its credit ratings, maintaining a CRISIL AAA/Stable rating for its long-term bank facilities and non-convertible debentures, and a CRISIL A1+ rating for its short-term bank facilities and commercial paper. This reaffirmation of credit ratings reflects the company’s strong financial position and stability, which is likely to reinforce stakeholder confidence and support its strategic initiatives in the competitive cement industry.
More about Shree Cement Limited
Shree Cement Limited is a prominent player in the cement industry, known for producing and supplying a wide range of cement products. The company operates primarily in India and focuses on delivering high-quality cement solutions to meet the demands of various construction and infrastructure projects.
Average Trading Volume: 612
Technical Sentiment Signal: Buy
Current Market Cap: 1106.9B INR
Find detailed analytics on SHREECEM stock on TipRanks’ Stock Analysis page.