JK Lakshmi Cement gains after solid Q1 results

JK Lakshmi Cement rose 1.64% to Rs 344.30 at 10:12 IST on BSE after consolidated net profit surged 841.7% to Rs 71.57 crore on a 9.3% rise in the net sales to Rs 1,136.32 crore in Q1 June 2019 over Q1 June 2018.

The result was announced after trading hours yesterday, 6 August 2019.

Meanwhile, S&P BSE Sensex was up 37.87 points or 0.10% at 37,014.72.

On BSE, 5,434 shares were traded in JK Lakshmi Cement counter, compared to a 2-week average of 2,382 shares. The stock hit an intraday high of Rs 354.80 and an intraday low of Rs 342.60. It hit a 52-week high of Rs 396.20 on 27 May 2019 and a 52-week low of Rs 249.55 on 11 October 2018.

 

JK Lakshmi Cement is a manufacturer of cement.

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