JK Cement is currently trading at Rs. 274.00, up by 2.70 points or 1.00% from its previous closing of Rs. 271.30 on the NSE.
The scrip opened at Rs. 276.25 and has touched a high and low of Rs. 282.00 and Rs. 273.10 respectively. So far 76,215 shares were traded on the counter.
The NSE stock of face value Rs. 10 has touched a 52 week high of Rs. 285.70 on 23-Oct-2012 and a 52 week low of Rs. 96.20 on 20- Jan-2012.
The promoters holding in the company stood at 66.57% while Institutions and Non-Institutions held 21.47% and 11.96% respectively.
The company has reported over 15-fold rise in its net profit at Rs 54.09 crore for the quarter ended September 30, 2012 as compared to Rs 3.56 crore for the same quarter in the previous year. Total income of the company has increased by 39.22% at Rs 714.87 crore for quarter under review as compared to Rs 513.49 crore for the quarter ended September 30, 2011.
J. K. 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.
