JK Cement declines despite reporting over 2-fold jump in Q4 net profit

14 May 2018

JK Cement is currently trading at Rs. 976.50, down by 27.90 points or 2.78% from its previous closing of Rs. 1004.40 on the BSE.

The scrip opened at Rs. 1004.40 and has touched a high and low of Rs. 1004.40 and Rs. 972.00 respectively. So far 2220 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1194.95 on 22-May-2017 and a 52 week low of Rs. 892.00 on 29-Nov-2017.

Last one week high and low of the scrip stood at Rs. 1025.00 and Rs. 972.00 respectively. The current market cap of the company is Rs. 6857.77 crore.

The promoters holding in the company stood at 64.16%, while Institutions and Non-Institutions held 27.04% and 8.79% respectively.

The company has reported over 2-fold jump in its net profit at Rs 96.45 crore for the quarter ended March 31, 2018 as compared to Rs 42.58 crore for the same quarter in the previous year. The total income of the company increased by 9.08% at Rs 1369.26 crore for quarter under review as compared to Rs 1255.28 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 62.19% in its net profit at Rs 341.87 crore as compared to Rs 210.78 crore for the previous year. Total income of company increased by 9.08% at Rs 4885.82 crore for year under review as compared to Rs 4479.15 crore for the year ended March 31, 2017.

Related JK Cement Ltd. Links:

JK Cement Share Price

2760.10 -12.75 (-0.46%) May 14, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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