J.K. Cement firms up after stellar Q1 performance

J.K. Cement rose 0.23% to Rs 965.60 at 10:30 IST on BSE after the company's reported consolidated net profit surged 193.2% to Rs 132.31 crore on a 15.9% increase in net sales to Rs 1,393.93 crore in Q1 June 2019 compared with Q1 June 2018.

The result was announced on Saturday, 3 August 2019.

Meanwhile, S&P BSE Sensex was down 599.04 points or 1.61% at 36,519.18.

On BSE, 613 shares were traded in J.K. Cement counter, compared to a 2-week average of 2,989 shares. The stock hit an intraday high of Rs 987.75 and an intraday low of Rs 962.30. It hit a 52-week high of Rs 1,075 on 26 June 2019 and a 52-week low of Rs 650 on 29 October 2018.

 

J.K. Cement is engaged in manufacturing cement and cement products.

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