JK Lakshmi Cement gains on receiving LoI from Assam Mineral Development Corporation
JK Lakshmi Cement is currently trading at Rs. 985.30, up by 6.65 points or 0.68% from its previous closing of Rs. 978.65 on the BSE.
The scrip opened at Rs. 962.40 and has touched a high and low of Rs. 992.25 and Rs. 962.40 respectively. So far 6273 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1006.30 on 03-Jul-2025 and a 52 week low of Rs. 661.00 on 28-Feb-2025.
Last one week high and low of the scrip stood at Rs. 1006.30 and Rs 952.50 respectively. The current market cap of the company is Rs. 11582.85 crore.
The promoters holding in the company stood at 46.34%, while Institutions and Non-Institutions held 37.30% and 16.36% respectively.
JK Lakshmi Cement has received Letter of Intent (LoI) from Assam Mineral Development Corporation (AMDCL). The company has been declared as ‘H1 Bidder’ by AMDCL as Mine Developer & Operator for grant of work -- drilling, excavation, transportation, supply of limestone from 630ha (430Ha+ 200 ha) New Umrangso Limestones Mines of AMDCL along with setting up of integrated green field manufacturing plant of cement and value -added products, within the territory of Assam.
JK Lakshmi Cement is engaged in the cement business.
