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JK Lakshmi surges 20% on good Q4 results

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BS Reporter Mumbai

JK Lakshmi touched a new high of Rs 75.40. The stock ended at Rs  75.15, up around 20%  near its  day's high. The counter clocked relatively heavy volume of  around 1 million shares today.
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Updated at  1054 Hrs

JK Lakshmi has surged over 14% on the backdrop of good Q4 results.

The stock touched a high of Rs 73 and is now trading at Rs 72, up% 14%. The counter has clocked a heavy volume of 272,369 shares as against its two-week average daily traded volume of around 82,971 shares on the BSE so far.

According to a release issued by the company to he BSE, the net profit for the quarter ended March 2009, has soared 54% to Rs 104.08 crore as against the Rs 67.63 crore in the corresponding period a year ago.

 

The total income has increased 24% to Rs 364.55 crore from Rs 292.65 crore.

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First Published: May 14 2009 | 4:26 PM IST

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