Shree Cement  shares declined on Tuesday after it posted a fall of 2.46% in fourth quarter earnings. It earned net profit of Rs 2.77 billion for the quarter ended Jun. 30, 2014 as compared to Rs 2.84 billion in the same period last year. 

Total income increased 14.29% to Rs 16.56 billion for the quarter ended Jun. 30, 2013 from Rs 14.49 billion in the year ago period.

Shares of the company are trading at Rs 7,880, down Rs 59, or 0.74% at the Bombay Stock Exchange (BSE) on Tuesday at 12:36 p.m.

The scrip has touched an intra-day high of Rs 8,084.30 and low of Rs 7,880. The total volume of shares traded at the BSE is 853.