← Latest news 
Shree Cement shares surge 4% as Q4 profit slips 8% yet brokerages stay bullish
Business
Published on 7 May 2026
Profit fell but volumes and dividends pushed optimism
Shree Cement shares jumped about 4% even after Q4 FY26 net profit fell 8% to Rs 526 crore. Revenue rose 10% to Rs 6,1010 crore, supported by strong sales volume growth both year-on-year and quarter-on-quarter. Brokerages like Nomura and Elara stayed optimistic, pointing to volume momentum and dividend payouts despite the profit dip.
- Shares gained nearly 4% despite an 8% Q4 profit decline
- Revenue rose 10% as sales volumes strengthened
- Brokerages remain bullish on volume growth and dividends
- The rally reflects resilient demand, not profits alone
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times