Bengaluru, Sept. 23 -- The shares of the well-known cement manufacturer gained up to 3 percent from the intraday low after the company commissioned the additional grinding Unit of 13.50 Lakh Tonnes Per Annum at Surat.

With a market capitalization of Rs 10,929.05 crore, the shares of JK Lakshmi Cement Ltd closed at Rs 880.20 per share, decreased around 0.96 percent as compared to the previous closing price of Rs 888.75 apiece.

Production Expansion According to the company filing, JK Lakshmi Cement Ltd has expanded its production capabilities by commissioning a new grinding unit at Surat with a capacity of 13.5 lakh tonnes per annum and completing de-bottlenecking of cement mills at Jaykaypuram and Sirohi. These initiatives have increased...