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Godrej Properties, Karnataka Bank and Indian Energy Exchange to see some action today

JK Cement Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 532644 | NSE: JKCEMENT

28 Nov 2022 Evaluate

Godrej Properties expects to launch a luxury housing project at Ashok Vihar in the national capital in March quarter and is eyeing Rs 8,000 crore of sales revenue from this property. It had in February 2020 acquired a nearly 27-acre land in the national capital for Rs 1,359 crore to develop a luxury housing project.

Karnataka Bank has signed a Memorandum of Understanding (MoU) with Hyundai Construction Equipment India, construction and earthmoving equipment manufacturer. The partnership with Hyundai is expected to broaden the Bank's MSME funding prospects.

Indian Energy Exchange (IEX) has received an approval for the formation of a wholly-owned subsidiary company in India to explore the business opportunities in Carbon Market. The Board of Directors in their meeting held on November 25, 2022, has accorded its in-principle approval for the same.

Virtuoso Optoelectronics (VOEPL) has added a new manufacturing facility at Wadiware in Nashik, Maharashtra, reinforcing its commitment towards its customers. Further, this is also in line with the committed investment by the company for the PLI scheme for white goods and LED lighting, for which VOEPL received approval last year.

JK Cement has successfully commenced Cement Grinding capacity of 2 MnTPA from November 25, 2022 at its newly set up cement manufacturing facilities situated at Village Ingotha, Hamirpur, Uttar Pradesh.

Persistent Systems has inaugurated its first office in Indore, situated in the heart of Madhya Pradesh. This 450-seat office will be the latest addition to Persistent’s rapidly growing global delivery network. This new delivery center will play a key role in enabling clients across industries to accelerate business transformation and provide software professionals in the region with career opportunities to build next-generation software products and digital assets.

Shriram Properties’ wholly owned subsidiary -- Shriprop Builders has acquired 100% of the Equity shares of Suvilas Realities, a real estate company at Bangalore. Consequently, Suvilas Realities has become a tier 2 subsidiary of the Company. Suvilas Realities is developing a project called Suvilas Palms is a high rise residential apartment project at Jalahalli, Bangalore with development potential of approximately 660 residential units in 6.29 acres of land.

JK Cement Share Price

5527.25 22.45 (0.41%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Ultratech Cement	11887.30
Ambuja Cement	458.95
ACC	1431.85
Shree Cement	25301.95
Dalmia Bharat	1972.55
View more..

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