JK Cement spurts on reporting stellar Q3 numbers

13 Feb 2012

JK Cement is currently trading at Rs. 140.45, up by 3.00 points or 2.18% from its previous closing of Rs. 137.45 on the BSE.

The scrip opened at Rs. 141.10 and has touched a high and low of Rs. 147.90 and Rs. 140.00 respectively. So far 48154 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 150.00 on 08-Feb-2012 and a 52 week low of Rs. 95.80 on 18-Nov-2011.

Last one week high and low of the scrip stood at Rs. 150.00 and Rs. 129.90 respectively. The current market cap of the company is Rs. 979.33 crore.

The promoters holding in the company stood at 66.24% while Institutions and Non-Institutions held 19.78% and 13.98% respectively.

JK Cement has reported results for third quarter ended December 31, 2011.

The company has posted a rise of 2278.14% in its net profit at Rs 43.52 crore for the quarter ended December 31, 2011 as compared to Rs 1.83 crore for the same quarter in the previous year. Total income has increased by 29.78% at Rs 618.20 crore for the quarter under review as compared to Rs 476.34 crore year ago.

J. K. 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:

JK Cement Share Price

1501.95 19.30 (1.30%) Sep 25, 18:01
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Company Name CMP
Ultratech Cement 3859.50
ACC 1333.10
Shree Cement 19001.50
Ambuja Cement 205.55
JP Associate 2.88
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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