JK Cement zooms 111% in 6 months on strong operational performance

Shares of JK Cement, on Wednesday, rallied 5 per cent to hit a new high of Rs 3,025 in intra-day trade on the BSE. The stock was trading higher for the third straight day, surging 10 per cent during the period.

In the past six months, JK Cement's share price has zoomed 111 per cent, after the company reported a strong operational performance. The management’s efforts to improve cost efficiencies through newly added capacities (4.2 MT) are expected to drive profitability. In comparison, the S&P BSE Sensex has rallied 32 per cent during the same period.

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