Latest Shree Cement News & Updates

Nifty Rejig Expected to Bring Inflows of $657 Million, BSE Likely to Replace Wipro

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Mumbai, May 18 (IANS) The upcoming Nifty rejig could lead to estimated inflows of around $657 million, with BSE Ltd likely to be included in the benchmark index, replacing IT giant Wipro Ltd, a report has said.A report by domestic brokerage Axis Capital said the NSE indices rebalancing announcement is expected in the second half of August 2026, with changes effective from September 30, 2026.The eligibility assessment is based on six-month average data for the period February 1 to July 31, while …

Shree Cement Reports 8.3% Drop in Q4 Net Profit

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New Delhi, May 6 (IANS) Shree Cement on Wednesday reported a 8.3 per cent year-on-year drop in its net profit for the fourth quarter (Q4) of FY26.The company posted a consolidated net profit of Rs 526 crore for the quarter ended March 31, 2026, compared to Rs 574 crore in the corresponding period previous financial year(Q4 FY25), according to its stock exchange filing.Despite the drop in profit, revenue from operations rose 10.3 per cent year-on-year to Rs 6,101 crore, compared with Rs 5,532 cro…