JK Lakshmi advances on fund raising plans

JK Lakshmi Cement has advanced on the back of company's plans to raise Rs 600 crore to help in expansion.

The stock opened at Rs 76.60 and touched a high of Rs 77.40. The scrip is now trading at Rs 77, up 2.55 from its previous close. The counter has clocked volumes of 680,000 shares on the BSE.