JK Lakshmi Cement rises on reporting 3 fold jump in Q2 net profit

31 Oct 2014

JK Lakshmi Cement is currently trading at Rs 377.50, up by 17.70 points or 4.92% from its previous closing of Rs 359.80 on the BSE.

The scrip opened at Rs. 373.90 and has touched a high and low of Rs. 383.05 and Rs. 370.00 respectively. So far 60484 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 368.75 on 01-Oct-2014 and a 52 week low of Rs. 64.00 on 04-Feb-2014.

Last one week high and low of the scrip stood at Rs. 362.75 and Rs. 343.70 respectively. The current market cap of the company is Rs. 4412.63 crore.

The promoters holding in the company stood at 45.94 % while Institutions and Non-Institutions held 29.54 % and 24.42 % respectively.

JK Lakshmi Cement has registered 3 fold jump in its net profit at Rs 30.61 crore for second quarter ended September 30, 2014 as compared to Rs 10.30 crore for the same quarter in the previous year. Total income of the company has increased 25.43% at Rs 573.77 crore for Q2FY15 as compared Rs 457.46 crore for the corresponding quarter previous year.

 

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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