Shree Cement shares fall after Chhattisgarh plant lockout to result in production shortage

Cement maker Shree Cement informed the exchanges that its management has declared a lockout at the company's cement plant in Baloda Bazar, Raipur district of Chhattisgarh, with effect from December 18, 2025, citing non cooperation by workmen. The stock has declined in response to the news on Friday, December 19.

The Kolkata-headquartered company said it is closely monitoring the situation and will share updates on further developments in due course.

Shree Cement added that it is in the process of assessing the losses arising from the lockout and confirmed that all its assets are adequately covered by insurance.

Based on current operations, the company estimates a loss of cement production of around 10,000 tonnes per day, as per its exchange filing.

Shares of Shree Cement Ltd. are trading 1% lower on Friday at ₹25,450. The stock has remained unchanged through 2025, having declined 4% in the last one month.