Hot Pursuit     23-Nov-16
JK Lakshmi Cement gains on bargain hunting
JK Lakshmi Cement rose 3.86% to Rs 360.45 at 11:24 IST on BSE on bargain hunting after a recent slide.

Meanwhile, the BSE Sensex was up 64.85 points, or 0.25%, to 26,025.63.

On BSE, so far 3,735 shares were traded in the counter, compared with average daily volume of 20,864 shares in the past one quarter. The stock hit a high of Rs 364.30 and a low of Rs 347.50 so far during the day. The stock hit a record high of Rs 513.75 on 6 October 2016. The stock hit a 52-week low of Rs 253 on 12 February 2016. The stock had underperformed the market over the past 30 days till 22 November 2016, falling 31.31% compared with the 7.87% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 23.22% as against Sensex's 7.48% decline.

The mid-cap company has equity capital of Rs 58.84 crore. Face value per share is Rs 5.

Shares of JK Lakshmi Cement fell 22.44% in seven trading sessions to settle at Rs 347.05 yesterday, 22 November 2016, from its close of Rs 447.45 on 10 November 2016.

JK Lakshmi Cement reported net profit of Rs 24.91 crore in Q2 September 2016 as against net loss of Rs 8.38 crore in Q2 September 2015. Net sales rose 1.52% to Rs 655.57 crore in Q2 September 2016 over Q2 September 2015.

JK Lakshmi Cement manufactures cement, which it sells under the brand name JK Lakshmi.

Previous News
  JK Lakshmi Cement consolidated net profit declines 29.42% in the June 2023 quarter
 ( Results - Announcements 27-Jul-23   17:30 )
  JK Lakshmi Cement consolidated net profit rises 54.22% in the March 2021 quarter
 ( Results - Announcements 21-May-21   07:40 )
  JK Lakshmi Cement schedules board meeting
 ( Corporate News - 25-Jul-24   10:21 )
  JK Lakshmi Cement to conduct AGM
 ( Corporate News - 30-Jul-24   15:41 )
  JK Lakshmi Cement soars after Q4 PAT jumps 26% YoY
 ( Hot Pursuit - 19-May-22   12:14 )
  Board of JK Lakshmi Cement approves fund raising up to Rs 2500 cr
 ( Corporate News - 27-Jul-23   17:50 )
  JK Lakshmi Cement hits 52-week high after strong Q4 result
 ( Hot Pursuit - 21-May-21   10:24 )
  JK Lakshmi Cement schedules board meeting
 ( Corporate News - 31-Jan-23   11:13 )
  JK Lakshmi Cement standalone net profit declines 46.89% in the September 2017 quarter
 ( Results - Announcements 09-Nov-17   16:03 )
  JK Lakshmi Cement to announce Quarterly Result
 ( Corporate News - 20-Jul-22   11:16 )
  JK Lakshmi Cement announces board meeting date
 ( Corporate News - 20-Jan-20   10:02 )
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