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How Shree Cement Made Its Way Into Nifty 50 Replacing Yes Bank
Here’s a look at what has helped Shree Cement perform better than peers.
20 Feb 2020, 12:49 PM IST
Shree Cement Ltd. will become the second pure-play cement maker in the Nifty 50 Index after it replaces private lender Yes Bank Ltd. on March 27.The company, controlled by the Bangur family, has gained more than 60 percent in the last year, making it the nation’s second-largest cement maker with a market cap of nearly Rs 88,360 crore. Its peers have either lost or gained in the range of 2-30 percent during the period. ACC Ltd. was re...
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