JK Cement rises on inking pact with DPIIT
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JK Cement is currently trading at Rs. 4757.65, up by 6.15 points or 0.13% from its previous closing of Rs. 4751.50 on the BSE.
The scrip opened at Rs. 4734.75 and has touched a high and low of Rs. 4768.90 and Rs. 4722.85 respectively. So far 182 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4895.95 on 10-Sep-2024 and a 52 week low of Rs. 3639.15 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 4859.45 and Rs. 4658.90 respectively. The current market cap of the company is Rs. 36707.83 crore.
The promoters holding in the company stood at 45.68%, while Institutions and Non-Institutions held 39.99% and 14.32% respectively.
JK Cement has joined hands with the Department for Promotion of Industry and Internal Trade (DPIIT) to support startups. The partnership will enable access to cutting-edge infrastructure, manufacturing and R&D facilities, mentorship opportunities, pilot projects and university resources under JK Cement. It is the right step in the direction of creating synergies with JK Cement to build a conducive environment for startups and innovators.
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.
