JK Cement gains as its arm commences Cement Grinding capacity at manufacturing facilities in Panna

JK Cement is currently trading at Rs. 2865.00, up by 25.35 points or 0.89% from its previous closing of Rs. 2839.65 on the BSE.

The scrip opened at Rs. 2782.95 and has touched a high and low of Rs. 2865.00 and Rs. 2752.95 respectively. So far 971 shares were traded on the counter.

JK Cement
JK Cement

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 3836.65 on 08-Nov-2021 and a 52 week low of Rs. 2005.00 on 23-Jun-2022.

Last one week high and low of the scrip stood at Rs. 2871.00 and Rs. 2580.40 respectively. The current market cap of the company is Rs. 21941.48 crore.

The promoters holding in the company stood at 45.84%, while Institutions and Non-Institutions held 37.53% and 16.63% respectively.

JK Cement’s wholly owned subsidiary — Jaykaycem (Central) has successfully commenced Cement Grinding capacity of 2 MnTPA on November 2, 2022 at its newly set up cement manufacturing facilities situated at Panna, Madhya Pradesh. The clinkerisation is at advanced stage and would to be commissioned shortly.

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.

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