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CARE revises long term rating of JK Lakshmi Cement Ltd

Posted On: 2018-10-10 12:10:14

CARE Ratings Ltd (CARE), within their Broad Category of CARE AA has, on review of operational and financial performance of JK Lakshmi Cement Ltd in Financial Year 2017-18 and first Quarter of Financial Year 2018-2019, revised the Company's Long-term Rating from CARE AA (Double A) to CARE AA- (Double A Minus). However, there is no change in the outlook of the Company which continues to remain STABLE as was earlier.

Shares of JK LAKSHMI CEMENT LTD. was last trading in BSE at Rs.279.1 as compared to the previous close of Rs. 279.55. The total number of shares traded during the day was 2764 in over 209 trades.

The stock hit an intraday high of Rs. 290 and intraday low of 274.65. The net turnover during the day was Rs. 778972.


Source: Equity Bulls

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