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12-Aug2016

JK Lakshmi Cement gains on reporting net profit of Rs 28.64 crore in Q1

JK Lakshmi Cement is currently trading at Rs 441.40, up by 3.40 points or 0.78% from its previous closing of Rs. 438.00 on the BSE.

The scrip opened at Rs 456.80 and has touched a high and low of Rs. 458.80 and Rs. 440.00 respectively. So far 31360 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 458.80 on 12-Aug-2016 and a 52 week low of Rs. 253.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 455.45 and Rs. 424.25 respectively. The current market cap of the company is Rs. 5198.08 crore.

The promoters holding in the company stood at 45.94%, while Institutions and Non-Institutions held 32.37% and 21.69% respectively.

JK Lakshmi Cement has reported a net profit after tax of Rs 28.64 crore for the quarter ended June 30, 2016 as against net loss of Rs 23.48 crore for the same quarter in the previous year. Total income of the company increased by 32.33% at Rs 787.64 crore for quarter under review as compared to Rs 595.19 crore for the quarter ended June 30, 2015.

JK Lakshmi Cement is engaged in the manufacturing of grey cement at its plants located at Sirohi, Rajasthan and at Kalol, Gujarat.


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