JK Cement soars on getting nod for green field expansion in Rajasthan, Punjab
JK Cement is currently trading at Rs. 7249.00, up by 248.15 points or 3.54% from its previous closing of Rs. 7000.85 on the BSE.
The scrip opened at Rs. 7135.00 and has touched a high and low of Rs. 7335.00 and Rs. 7094.00 respectively. So far 2225 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7,335.00 on 18-Aug-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. 7335.00 and Rs. 6912.05 respectively. The current market cap of the company is Rs. 55826.31 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 received approval for the green field expansion of new cement line of 7 Million Tonnes Per Annum (MnTPA). The clinkerisation unit of 4 MnTPA and cement grinding of 3 MnTPA at Jaisalmer, Rajasthan and two split grinding units each of capacity of 2 MnTPA in Rajasthan and in Punjab. The total proposed investment for the expansion is estimated at Rs 4805 crore.
The Board of Directors of the company in their Board meeting held on August 15, 2025, 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.
