Brokerage Views: Nomura, Citi On Shree Cement, Bernstein On L&T And More
Here are all the top calls from the brokerages that you need to know about on Thursday.16-05-2024
16-05-2024
SHREE CEMENT LTD. - 500387 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper advertisement for publication of Financial Results for the Quarter and Year ended 31st March, 202415-05-2024
SHREE CEMENT LTD. - 500387 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This has in continuation to our letter dated 8th May, 2024, informing about a Conference Call to be held today, i.e. 15th May, 2024, relating to Financial Results of the Company for Quarter and Year ended on 31st March, 2024. In terms of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement), Regulations 2015, the audio recording of the earnings conference call available at below link: https://www.shreecement.com/uploads/investors_con_call/Investor_Con_Call_Q4_FY_2023-%2024.mp315-05-2024
Shree Cements Results Earnings Call for Q4FY24
Conference Call with Shree Cements Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.15-05-2024
Shree Cement Q4 Results: Profit Up 28.7%, Beats Estimates
The company's board has recommended a final dividend of Rs 55 per share for fiscal 2024.14-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Shree Cements Ltd.
Cement & Cement Products company Shree Cements announced Q4FY24 & FY24 results: Q4FY24 net revenue up YoY by 7% from Rs 4,785 crore to Rs 5,101 crore, annual turnover zooms by 16% to Rs 19,586 crore Q4FY24 total sale volume increased YoY by 8% from 8.83 million tonnes to 9.53 million tonnes, annual volume at 35.5 million tonnes with 12% growth EBIDTA (without Other Income) went up YoY by 49% from Rs 892 crore to Rs1,327 crore. This is the highest ever EBIDTA delivered by the Company. Annual EBIDTA also reaches highest ever level of Rs 4,364 crore Neeraj Akhoury, Managing Director, Shree Cement said, “Our strong financial performance reflects our sharp focus on operational efficiencies while expanding our capacity through green and brownfield projects. This is complemented by our digital transformation, which is driving us forward, streamlining our operations and empowering our people with data-driven decision-making capabilities.” He added, “I am happy to see the enthusiastic market response to our consolidation of all products under the master brand ‘Bangur’, which, along with diversifying into Ready Mix Concrete, marks a significant step in our journey towards becoming a multi-product player in the core cement business. We are today well-positioned to contribute significantly to India’s vision of world-class infrastructure.” Result PDF14-05-2024
SHREE CEMENT LTD. - 500387 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations') -Scheme Of Amalgamation
The Board of Directors of Shree Cement East Private Limited and Shree Cement North Private Limited (hereinafter collectively referred to as "Subsidiary Companies") in their respective meetings held today i.e. 14th May, 2024 have considered and approved a Scheme of Amalgamation of Shree Cement North Private Limited ("Transferor Company") with and into the Shree Cement East Private Limited ("Transferee Company") on a going concern basis under the provision of section 230 to 232 of the Companies Act, 2013 and the rules made thereunder ("Scheme")14-05-2024
SHREE CEMENT LTD. - 500387 - Disclosure In Terms Of Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations")
Appointment of Mr. Vinod Kumar Chaturvedi as Chief Human Resources Officer (CHRO) of the Company.14-05-2024
SHREE CEMENT LTD. - 500387 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Mr. Sushil Kumar Roongta as an additional Director of the Company in the category of Non-Executive Independent Director14-05-2024
SHREE CEMENT LTD. - 500387 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release14-05-2024