Shree Cement Ltd

Shree Cement Limited, incorporated in 1979, manufactures cement in India. The firm made its first public offering in 1984. As of March 2023, the company's total cement manufacturing capacity in India was 46.4 MTPA, with a total power generation capacity of 888.6 MW and a total green power generation capacity of 385.6 MW. The firm is one of India's leading cement producers. The Shree Cement share price indicates the company's growth as one of the fastest-growing firms in the cement industry.

Production Facilities of Shree Cement 

Shree Cement has four integrated production facilities and ten grinding unit sites in India.

• In 2003, they established their first captive power plant in Rajasthan.
• In 1985, the business established its first integrated cement factory of 0.6 MTPA at Beawar, Rajasthan. 
• In 1992, they established another 0.9 MTPA facility at Beawar. 
• The company also operates an integrated manufacturing facility in the United Arab Emirates. 

Overall, the firm has a substantial position in the building and construction industries, offering a diversified product line. The expansion and innovation in their production facilities have positively influenced the Shree Cement share price history.

Business Segments of Shree Cement Limited

The company's products are divided into four categories based on their qualities and applications, as follows:

• Ordinary Portland Cement (OPC): This type of cement is widely used since it is resistant to shrinkage and fractures. This cement is commonly used in foundation systems, high-rise buildings, dams and bridges, industrial pavements, nuclear containment structures, silos, and tanks.
• Portland Pozzolana Cement (PPC): This cement is both strong and cost-effective. It is an appropriate material for the building of hydraulic structures such as maritime works, sewage pipelines, and dams.
• Portland Slag Cement (PSC): This is a high-temperature-resistant hydraulic cement that is employed in marine building projects.
• Composite Cement (CC): This cement is used to make strong, long-lasting concrete.

The performance of these business segments has a significant impact on the Shree Cement share price NSE.

Key Personnel of Shree Cement

• The Chairman of Shree Cement is Mr Hari Mohan Bangur.
• Mr. Prashant Bangur is currently the vice chairman of the company.
• The managing director of the firm is Mr. Neeraj Akhoury.

The leadership team has been critical in driving the company's growth, as reflected in the Shree Cement share price today.

Subsidiaries of Shree Cement Ltd

Shree Cement Limited operates various subsidiary firms, some of which are mentioned below:

• Shree Global FZE: This wholly-owned subsidiary sells semi-finished metal goods. Shree Global FZE operates out of the UAE.
• Raipur Handling and Infrastructure Private Limited: This firm owns and administers a railway siding within the private freight terminal at Raipur's Hathbandh station.
• Shree Cement East Private Limited: This firm manages Shree Cement's cement activities in West Bengal.

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