J K Cement Ltd updates on expansion projects

Pursuant to the approval of the Board of Directors for proposed Grey Cement capacity expansion of 5.5 MTPA, Company has announced that out of the proposed expansion, 2 MTPA expansion have been achieved by increasing the Cement Grinding Capacity at various Integrated units (IU) and split Grinding Units (GU) as under -

Grey Cement units at -

(1) Mangrol (IU) - increased by 0.5 MnTPA (From 3.25 MnTPA to 3.75 MnTPA)
(2) Muddapur (IU) - increased by 0.5 MnTPA (From 3.0 MnTPA to 3.5 MnTPA)
(3) Jharli (GU) - increased by 0.5 MnTPA (From 1.5 MnTPA to 2.0 MnTPA)
(4) Aligarh (GU) - increased by 0.5 MnTPA (From 1.5 MnTPA to 2.0 MnTPA)

With this the overall Grey Cement capacity of the Company has increased to 20.67 MTPA from 18.67 MTPA (including 4 MTPA capacity in wholly owned subsidiary Jaykaycem (Central) Ltd.)

Shares of JK Cement Limited was last trading in BSE at Rs. 2959.50 as compared to the previous close of Rs. 2847.05. The total number of shares traded during the day was 12058 in over 1825 trades.

The stock hit an intraday high of Rs. 2969.65 and intraday low of 2828.85. The net turnover during the day was Rs. 35327797.00.

Source : Equity Bulls

Keywords

JKCement INE823G01014 Expansion 2MTPA GrindingCapacity