Shree Cement Limited
T. Rowe Price increased its stake in Shree Cement Limited from 1.31% to 1.32%, purchasing 5,751 shares. The fund manager now holds 4,77,125 shares in the company.
A major cement producer in India, this company manufactures and distributes cement and cement-related products to construction, infrastructure, and industrial sectors. Operating multiple manufacturing facilities across the country, it is recognized for efficient production processes and competitive cost structures. The company serves customers through an established distribution network and maintains a strong presence in the Indian cement market.
Baltimore-based active asset manager founded in 1937, managing about US$1.5 trillion. It invests in India through several of its funds, including its International Discovery, Emerging Markets Discovery, New Asia and Global Allocation strategies, using bottom-up fundamental research to back growing companies.