JK Cement gains on implementing additional installed capacity at J.K. White Katni

07 Jun 2018

JK Cement is currently trading at Rs. 914.90, up by 3.55 points or 0.39% from its previous closing of Rs. 911.35 on the BSE.

The scrip opened at Rs. 923.60 and has touched a high and low of Rs. 927.50 and Rs. 914.85 respectively. So far 465 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1193.95 on 22-Jan-2018 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. 953.45 and Rs. 901.90 respectively. The current market cap of the company is Rs. 6397.64 crore.

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

JK Cement has successfully implemented additional installed capacity of 2 lakh tonnes per annum of white cement based wall putty at J.K.White, Village Rupaund, Tehsil - Badwara, District Katni, M.P (J.K.White, Katni) unit of the company and also commenced commercial despatches on June 06, 2018 from J.K.White, Katni. Now therefore, the installed capacity at J.K.White, Katni stands at 4 lakh tonnes per annuam.

With this the company has achieved white cement based Wall Putty manufacturing capacity of 9 lakh tonnes per annum.

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.

Related JK Cement Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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