Shares of Shree Cement, a leading cement manufacturer in Rajasthan, India, surged nearly 4% to a peak of ₹25,950 on the National Stock Exchange following the release of its Q4FY26 results, which were in line with market expectations. The company reported a consolidated net profit of ₹526 crore, an 8.6% decline from the previous year, while revenue rose 10.3% year-on-year to ₹6,101 crore. Despite a drop in earnings before interest, taxes, depreciation, and amortization (Ebitda) to ₹1,384 crore, the company’s operational efficiency and strong sales volume of 10.56 million tonnes contributed positively. Shree Cement is also expanding its ready-mix concrete (RMC) business, with plans to increase its operational plants to 36. Analysts from PL Capital and HDFC Securities have maintained positive ratings on the stock, with target prices of ₹27,907 and ₹27,000, respectively, indicating potential upside as the company aims for a 9-10% growth in cement volume for FY27.