JK Cement hits 52-week High on Robust Q1

Shares of JK Cement rallied over 13 per cent, hitting 52-week high, on the Bombay Stock Exchange after the cement maker reported net profit of Rs 61 crore in June quarter as compared to Rs 1 crore in the same period a year ago.Get live Indian Stock Market News Updates visit us : http://www.ripplesadvisory.com/aboutus.php or Get Two Days Free Trial just on One Missed Call @98-27-80-80-90

Boosted by the Q1 earnings, shares of company gained as much as 13.22 per cent in intra-day and touched 52-week high to trade at Rs 847.00 apiece on Bombay Stock Exchange. 

 

In a similar fashion, stocks of company rose 7.67 per cent to Rs 806.15 apiece on National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 28,158.50, up 80.15 points, or 0.29 per cent,