Announced Sun, 26 Apr · 11:00 IST
Declared preferred bidder for Maliyakheri Limestone Block in Rajasthan
Business Updates View source PDF
JKCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹5599.50
prior close
₹5620.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.5-0.4-0.4-2.1-2.7-5.4-4.1-5.7+0.2-2.9-5.4-4.4+2.4
Up moveDown movePending
AI summary
JK Cement has been declared the 'Preferred Bidder' in a Government of Rajasthan e-auction for the mining lease of Maliyakheri Limestone Block-I, covering 6.90 hectares in Chittorgarh, Rajasthan. Limestone is a key raw material for cement manufacturing, so this secures long-term raw material access and supports backward integration.
Likely market impact
Positive for raw material security and long-term cost efficiency; supports production capacity plans.