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JK Cement is currently trading at Rs. 2638.25, up by 7.35 points or 0.28% from its previous closing of Rs. 2630.90 on the BSE.

The scrip opened at Rs. 2585.00 and has touched a high and low of Rs. 2659.95 and Rs. 2557.20 respectively. So far 2054 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3399.55 on 08-Feb-2022 and a 52 week low of Rs. 2005.00 on 23-Jun-2022.

Last one week high and low of the scrip stood at Rs. 2763.00 and Rs. 2557.20 respectively. The current market cap of the company is Rs. 20328.50 crore.

The promoters holding in the company stood at 45.83%, while Institutions and Non-Institutions held 37.74% and 16.43% respectively.

JK Cement has received an approval for the issuance of Redeemable Secured, Listed, Non-Convertible, Taxable Debentures (NCDs/ Debentures) upto Rs 100 crore on private placement basis. Objects of the issue is funding long term growth including general corporate purposes inter-alia including capital expenditure, repayment of long term borrowings as per normal repayment schedule or for any other purpose related to business. Pending utilization of the proceeds of the NCD as here in before, the company intends to invest in the high quality interest bearing instruments including deposits with banks and investments in mutual funds, bonds, government securities, and other debt instruments. The Board of Directors of the company in their meeting held on February 5, 2023 has considered and approved the same.

JK Cement is one of the largest cement manufacturers in north India. It is also second largest producer of white cement in India. The company exports white cement to countries like South Africa, Nigeria, Singapore, Bahrain, Bangladesh, Sri Lanka, Tanzania, UAE and Nepal.