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The Economic Times
The Economic Times
Debaroti Adhikary

Shree Cement shares jump 4% even as Q4 profit drops 8%. Why Nomura, Elara, other brokerages remain bullish

The shares of Shree Cement jumped nearly 4% on Thursday even after the company reported an 8% drop in consolidated net profit to Rs 526 crore for Q4 FY26, from Rs 574 crore in the year-ago period, with brokerages still remaining bullish on the cement-maker.

The company released its results for the January-March quarter of the financial year 2026 in the post market hours of Wednesday. The shares of the company sharply surged around 4% to trade at Rs 25,945 apiece on NSE in the morning trading hours of Thursday.

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