Shares of Shree Cement Ltd gained as much as 2.9 per cent in Wednesday’s trade to hit a day’s high of Rs 29,433.95 on the BSE, compared with the previous close of Rs 28,593.70. The stock drew buying interest after the cement major posted its September quarter (Q2FY26) results. Advertisement

Brokerages were split on the earnings report. Choice Institutional Equities termed the results weaker than expectations, whereas Nirmal Bang Institutional Equities said the performance was in line with its projections.

The divergence, analysts said, stems from Shree Cement’s value-over-volume strategy. Nuvama highlighted that the company continued to prioritise realisations over volumes, with sales volumes growing 4–6.8 per cent YoY. A key positive was the increasing share of premium products, which

See Full Page