JK Cement shines on completing upgradation of clinker line 3 at Nimbahera

JK Cement is currently trading at Rs. 3133.00, up by 71.50 points or 2.34% from its previous closing of Rs. 3061.50 on the BSE.

The scrip opened at Rs. 3120.00 and has touched a high and low of Rs. 3223.30 and Rs. 3087.90 respectively. So far 3436 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 3690.00 on 09-Aug-2021 and a 52 week low of Rs. 1505.00 on 30-Sep-2020.

Last one week high and low of the scrip stood at Rs. 3240.00 and Rs. 3040.00 respectively. The current market cap of the company is Rs. 24299.32 crore.

The promoters holding in the company stood at 57.63%, while Institutions and Non-Institutions held 37.49% and 4.88% respectively.

JK Cement has completed upgradation of clinker Line 3 at JK Cement Works, Nimbahera, Unit of the company. With this the clinker capacity of Line 3 stands increased to 6500 TPD (from 5000 TPD).

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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