CARE Ratings reaffirms 'A1+' rating on Shree Cement's INR 10 bln CP
This story was originally published at 14:19 IST on 7 September 2026
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NEW DELHI – CARE Ratings Ltd. has reaffirmed the "A1+" rating for Shree Cement Ltd.'s commercial paper worth INR 10 billion, the company said Monday in an exchange filing.
For the June quarter, Shree Cement had reported a net profit of INR 4.38 billion on revenue of INR 56.23 billion. At 1348 IST, shares of the company were at INR 23,535 apiece on the National Stock Exchange, down 1.3% from Friday. End
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Reported by Pratyush Kumar
Edited by Rajeev Pai
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