JK Lakshmi Cement surged 5.11% to Rs 81.20 at 12:10 IST on BSE on reports the company plans to invest Rs 1000 crore to set up five ready-mix concrete plants by March 2009.
The stock hit a high of Rs 84 and a low of Rs 80.20 so far during the day. The stock had hit a 52-week high of Rs 221 on 17 December 2007 and a 52-week low of Rs 75 on 2 July 2008.
The company has an equity capital of Rs 61.18 crore. Face value per share is Rs 10.
The current price of Rs 81.20 discounts its Q1 June 2008 annualised EPS of Rs 25.29, by a PE multiple of 3.21.
JK Lakshmi Cement’s net profit fell 43.5% to Rs 38.69 crore on 1.1% growth in net sales to Rs 269.43 crore in Q1 June 2008 over Q1 June 2007.
JK Lakshmi Cement, formerly known as JK Corporation, manufactures and markets cement in India.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment