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JK Cement rises on commencing commercial production at Haryana unit

30 Jun 2014

JK Cement is currently trading at Rs. 387.00, up by 4.95 points or 1.30% from its previous closing of Rs 382.05 on the BSE.

The scrip opened at Rs 385.00 and has touched a high and low of Rs 391.45 and Rs 384.00 respectively. So far 5450 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 418.80 on 19-Jun-2014 and a 52 week low of Rs 148.15 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs 415.35 and Rs 378.60 respectively. The current market cap of the company is Rs 2712.48 crore.

The promoters holding in the company stood at 66.93% while Institutions and Non-Institutions held 21.93% and 11.14% respectively.

JK Cement has commenced the commercial production of JK Cement Works, Jharli, a unit of the company having grey cement grinding capacity of 1.5 Million Ton Per Annum (MTPA) located at Jharli village, Jhajjar district in state of Haryana.

JK Cement is one of the largest cement manufacturers in north India. It is also second largest producer of white cement in India. The company exports white cement to countries like South Africa, Nigeria, Singapore, Bahrain, Bangladesh, Sri Lanka, Tanzania, UAE and Nepal.

Related JK Cement Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323