MoneyWorks4Me

JK Lakshmi Cement jumps on reporting net profit of Rs 7.6 crore in Q3FY17

06 Feb 2017 Evaluate

JK Lakshmi Cement is currently trading at Rs. 403.00, up by 9.65 points or 2.45% from its previous closing of Rs. 393.35 on the BSE.

The scrip opened at Rs. 404.45 and has touched a high and low of Rs. 405.50 and Rs. 397.80 respectively. So far 24715 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 513.75 on 06-Oct-2016 and a 52 week low of Rs. 253.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 405.50 and Rs. 364.40 respectively. The current market cap of the company is Rs. 4706.21 crore.

The promoters holding in the company stood at 45.94%, while Institutions and Non-Institutions held 33.26% and 20.80% respectively.

JK Lakshmi Cement has reported net profit after tax of Rs 7.6 crore for the quarter ended December 31, 2016 as compared to net loss of Rs 0.57 crore for the same quarter in the previous year. Total income of the company increased by 2.48% at Rs 766.11 crore for the quarter under review as compared Rs 747.56 crore for the corresponding quarter previous year.   

JK Lakshmi Cement, part of the $4 billion JK Group, operates integrated cement facilities at Sirohi (Rajashthan), Durg (Chhatisgarh), Kalol and Surat (Gujarat) and Jharli (Haryana). Currently, it produces 8.4 million tonnes annually and its capacity is scheduled to go up to 12 million tonnes per annum shortly.

Peers
Company Name CMP
Ultratech Cement 10750.00
Ambuja Cements 382.10
ACC 1223.40
Shree Cement 21956.00
Dalmia Bharat 1687.95
View more..