Meanwhile, the BSE Sensex was down 22.86 points, or 0.14% to 16,333.17.

On BSE, 2.44 lakh shares were traded in the counter as against an average daily volume of 81,761 shares in the past one quarter.

The stock hit a high of Rs 76 and a low of Rs 71.90 so far during the day.

The company's equity capital is Rs 61.18 crore. Face value per share is Rs 5.

The current price of Rs 74.20 discounts the company's Q3 December 2009 annualized EPS of Rs 14.82, by a PE multiple of 5.01.

JK Lakshmi Cement's net profit declined 19.1% to Rs 45.35 crore on 18.8% rise in net sales to Rs 353.24 crore in Q3 December 2009 over Q3 December 2008.

JK Lakshmi Cement manufactures and markets cement in India.