SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JK Cement surges on plan to raise long term funds of up to Rs 300 crore

27 May 2015 Evaluate

JK Cement is currently trading at Rs. 624.90, up by 18.30 points or 3.02% from its previous closing of Rs. 606.60 on the BSE.

The scrip opened at Rs. 597.00 and has touched a high and low of Rs. 629.30 and Rs. 597.00 respectively. So far 1589 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 754.00 on 19-Feb-2015 and a 52 week low of Rs. 330.00 on 30-May-2014.

Last one week high and low of the scrip stood at Rs. 629.30 and Rs. 584.10 respectively. The current market cap of the company is Rs. 4369.75 crore.

The promoters holding in the company stood at 66.93% while Institutions and Non-Institutions held 20.47% and 12.61% respectively.

JK Cement is planning to raise long-term funds of up to Rs 300 crore through debt instruments and institutional placement by way of issue of Securities and/or Non Convertible Debentures with warrants on preferential allotment basis. The company’s board of directors at their meeting held on May 23, 2015 decided the same. However, the same shall be subjected to shareholder’s approval, which will be sought at the firm's Annual General Meeting on August 1, 2015.

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.

JK Cement Share Price

5722.20 194.95 (3.53%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11911.30
Ambuja Cement 454.50
ACC 1429.55
Shree Cement 25461.55
Dalmia Bharat 1979.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×