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JK Lakshmi Cement declines on reporting net loss of Rs 14.95 crore in Q2

05 Nov 2015 Evaluate

JK Lakshmi Cement is currently trading at Rs. 360.95, down by 6.10 points or 1.66% from its previous closing of Rs. 367.05 on the BSE.

The scrip opened at Rs. 360.00 and has touched a high and low of Rs. 363.75 and Rs. 354.10 respectively. So far 32526 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 430.00 on 21-Jan-2015 and a 52 week low of Rs. 301.95 on 12-Jun-2015.

Last one week high and low of the scrip stood at Rs. 381.85 and Rs. 360.30 respectively. The current market cap of the company is Rs. 4219.06 crore.

The promoters holding in the company stood at 45.94% while Institutions and Non-Institutions held 32.72% and 21.34% respectively.

JK Lakshmi Cement has reported a net loss of Rs 14.95 crore for the quarter ended September 30, 2015 as compared to net profit of Rs 30.61 crore for the same quarter in the previous year. However, the total income of the company has increased by 13.58% at Rs 651.68 crore for the quarter under review as compared to Rs 573.77 crore in the corresponding quarter of the previous year.

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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