JK Cement gains on launching Portland Calcined Clay Limestone Cement
JK Cement is currently trading at Rs. 6648.20, up by 15.30 points or 0.23% from its previous closing of Rs. 6632.90 on the BSE.
The scrip opened at Rs. 6480.60 and has touched a high and low of Rs. 6666.00 and Rs. 6480.60 respectively. So far 628 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6688.55 on 24-Jul-2025 and a 52 week low of Rs. 3893.80 on 18-Nov-2024.
Last one week high and low of the scrip stood at Rs. 6684.90 and Rs. 6407.95 respectively. The current market cap of the company is Rs. 51239.28 crore.
The promoters holding in the company stood at 45.66%, while Institutions and Non-Institutions held 40.62% and 13.71% respectively.
JK Cement has launched Portland Calcined Clay Limestone Cement (LC-3). With this launch, the company becomes the first company in India and the entire Indian subcontinent to commence commercial production and dispatch of LC-3 at JK Cement Works, Mangrol, Chittorgarh, Rajasthan. LC-3 reduces CO2 emissions by up to 40% versus Ordinary Portland Cement, reinforcing the company’s commitment to sustainability and climate-conscious construction practices. The LC-3 is targeted to serve marquee infrastructure projects in Maharashtra, Gujarat, Madhya Pradesh and other parts of India.
This launch represents a significant step towards achieving the company’s sustainability strategy built on four pillars: Decarbonization, Circular Economy, Resource Efficiency, and Sustainable Innovation. Its material composition makes it unique from other existing cement, which having Clinker 50%, Calcined 30% and Limestone 15%. This launch is expected to benefit the company financially in the long run.
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.
