SHREECEMNSESHREE CEMENT LIMITED· Cement & Cement ProductsHighPositive
Announced Tue, 17 Mar, 2026 · 18:20 IST

SHREE CEMENT LIMITED has informed the Exchange that the Company participated in e-auction conducted by Govt. of Andhra Pradesh for grant of Mining Lease for Dommarnandyala-1 Limestone Block situated at YSR Kadapa District in the state of Andhra Pradesh. The Company has been declared as the preferred bidder for the said block which spreads over an area of 373 hectares of land.

SHREECEM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.8%Reaction day
₹23695.00
prior close
₹23910.00
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.9%-0.0% vs market
Cement & Cement Products peers, median of 36sector+1.5%-0.7% vs sector

On the reaction day the stock moved in line with Nifty 100 and 0.7 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.1
10m
-0.2
15m
-0.1
30m
+0.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.8+0.9-0.0+1.5-0.7
Next day
-1.4-2.4+1.0-1.6+0.2
2d
-0.6-1.9+1.3-1.2+0.5
3d
-4.0-4.7+0.7-4.3+0.3
4d
-1.3-3.0+1.7-3.7+2.4
5d
+2.4-1.3+3.7-1.9+4.3
1w
-2.9-5.6+2.7-7.6+4.7
15d
+2.3+1.5+0.8+4.2-1.8
1m
+6.2+4.2+2.0+6.7-0.5
2m
+2.7+1.2+1.4+4.0-1.4
3m
+7.4+4.1+3.3+2.9+4.5
UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shree Cement has been declared the preferred bidder in a government e-auction for the Dommarnandyala-1 Limestone Block in YSR Kadapa district, Andhra Pradesh. The mining lease covers 373 hectares of land, securing a key raw material (limestone) source for the company's cement operations. This strengthens Shree Cement's backward integration and long-term raw material security. The filing does not disclose the bid amount, royalty terms, or timeline for commencement of mining.

Likely market impact

Positive for long-term resource security and cost control, though near-term financial impact depends on the undisclosed bid value and development timeline. No immediate effect on operations is expected.