JK Cement jumps on commencing construction of greenfield cement plant in Jaisalmer
JK Cement is currently trading at Rs. 6775.85, up by 132.00 points or 1.99% from its previous closing of Rs. 6643.85 on the BSE.
The scrip opened at Rs. 6643.75 and has touched a high and low of Rs. 6810.70 and Rs. 6530.00 respectively. So far 3830 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7565.00 on 20-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. 7120.00 and Rs. 6530.00 respectively. The current market cap of the company is Rs. 52412.99 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 commenced construction of greenfield cement plant in Jaisalmer, Rajasthan. With a proposed investment of around Rs 3,000 crore, the plant reaffirms the company’s vision to strengthen its pan-India presence, expand capacity, and contribute to the nation’s infrastructure development.
The upcoming plant, being built on a 525-acre land parcel is expected to be completed by early 2027. The plant is strategically being set up in the area for the easy access of the limestone reserves in the region, ensuring long-term raw material security. In addition to the proximity to high-demand markets in Rajasthan, Gujarat, and Haryana the region also witnesses a strong presence of dealers and distributors creating opportunities for wider network growth and business expansion.
The project is also poised to act as a catalyst for regional development with an aim generate direct and indirect employment opportunities for the regions. The objective is to foster skill development among local youth along with contributing to social infrastructure in surrounding areas. Equipped with latest technology like the waste heat recovery systems which reaffirms its commitment towards sustainability, energy efficiency, and reducing carbon footprint.
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.
