JK Cement rose 1.79% to Rs 1,150 after the company said production has become partially operational at its manufacturing facilities situated in Karnataka.
Further, the company said that production at the manufacturing facilities situated in Uttar Pradesh will commence shortly.Meanwhile, the cement maker said it has sought necessary permission from appropriate government authorities to resume production at facilities situated in Rajasthan, Haryana and Madhya Pradesh. The announcement was made after market hours on Friday, 17 April 2020.
JK Cement's consolidated net profit surged 218.07% to Rs 124.30 crore on a 10.81% jump in net sales to Rs 1,471.78 crore in Q3 December 2019 over Q3 December 2018.
JK Cement is engaged in manufacturing cement and cement products.
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