JK LAKSHMI CEMENT share price has plunged 5% and is presently trading at Rs 300.
Meanwhile, the BSE 500 Index is at 15,564 (down 1.5%).
Among the top losers in the BSE 500 Index today are JK LAKSHMI CEMENT (down 5.2%) and HERO MOTOCORP (down 6.2%).
JUST DIAL (up 7.7%) and THYROCARE TECHNOLOGIES (up 7.3%) are among the top gainers today.
Over the last one year, JK LAKSHMI CEMENT has moved up from Rs 290 to Rs 300, registering a gain of Rs 9 (up 3.2%)..
The BSE 500 has moved up from 14,996 to 15,564, registering a gain of 568 points (up 3.8%) during the last 12 months.
The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 711.3%), LAURUS LABS (up 357.2%) and GRANULES INDIA (up 231.7%).
Know More: Which way are the markets & the mutual fund industry headed?
The BSE Sensex is at 40,724 (down 1.6%). The top gainers among the BSE Sensex stocks today are NESTLE (up 2.3%). The most traded stocks in the BSE Sensex are POWER GRID and INDUSIND BANK.
In the meantime, NSE Nifty is at 11,943 (down 1.5%). NESTLE (up 2.3%) and HDFC LIFE INSURANCE (up 1.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 38,964 to 40,724, registering a gain of 1,760 points (up 2.80%).
JK LAKSHMI CEMENT net profit down at Rs 444 million for the quarter ended June 2020, compared to a loss of Rs 492 million a year ago. Net Sales declined 17.9% to Rs 8.3 billion during the period as against Rs 10.1 billion in April-June 2019.
For the year ended March 2019, JK LAKSHMI CEMENT reported 9.1% decrease in net profit to Rs 370.0 million compared to net profit of Rs 407.0 million during FY18.
Revenue of the company grew 11.8% to Rs 43 billion during FY19.
The current Price to earnings ratio of JK LAKSHMI CEMENT, based on rolling 12 month earnings, stands at 13.7x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling pressure today and failed to hold on to their opening gains as profit booking and weakness across all sectors erased gains.
JUBILANT LIFE SCIENCES share price is trading down by 5% and its current market price is Rs 956. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 10.9%) and NCC (up 6.4%). The top losers are JUBILANT LIFE SCIENCES (down 5.5%) and INFO EDGE (down 6.9%).
HIMACHAL FUTURISTIC share price is trading down by 5% and its current market price is Rs 32. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 10.9%) and NCC (up 6.4%). The top losers are HIMACHAL FUTURISTIC (down 5.3%) and INFO EDGE (down 6.9%).
ORIENT ELECTRIC share price is trading down by 5% and its current market price is Rs 265. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 11.5%) and NCC (up 6.4%). The top losers are ORIENT ELECTRIC (down 5.4%) and INFO EDGE (down 6.7%).
INDUSIND BANK share price is trading down by 5% and its current market price is Rs 912. The BSE BANKEX is down by 0.1%. The top gainers in the BSE BANKEX Index are AXIS BANK (up 2.4%) and HDFC BANK (up 1.3%). The top losers is INDUSIND BANK (down 5.1%).
HDFC AMC share price is trading down by 5% and its current market price is Rs 3,114. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are GATEWAY DISTRIPARKS (up 11.5%) and NCC (up 6.4%). The top losers are HDFC AMC (down 5.0%) and INFO EDGE (down 6.7%).
View More Indian Share Market NewsIn this video, I'll show you why it might be the right time to take money of the table in pharma stocks.
The pandemic failed to thwart Richa's investing success formula for 2020.
In this video, I'll show you a crucial chart that you need to check before you decide to sell any stock or index.
Our ace stock picker is ready to capitalise on a big growth opportunity.
More
Equitymaster requests your view! Post a comment on "JK LAKSHMI CEMENT Share Price Down by 5%; BSE 500 Index Down 1.5%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!