JK Cement declared Preferred Bidder for Rajasthan limestone block

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JKCEMENT · price

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Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹5514.00

prior close

₹5510.00

announcement price

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Nifty Midcap 150market+0.1%+0.4% vs market

Cement & Cement Products peers, median of 34sector+0.5%-0.0% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Midcap 150 and in line with its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

+0.7-0.4+1.2+0.1+0.6

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UpDownMarket · Nifty Midcap 150Sector · Cement & Cement Products peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JK Cement has been declared the Preferred Bidder in a Government of Rajasthan e-auction for the Gilund Limestone Block in Chittorgarh, Rajasthan, spread over 370.96 hectares. Limestone is a key raw material for cement manufacturing, helping secure long-term raw material supply. The company received the information on June 23, 2026. Financial terms of the bid were not disclosed.

Likely market impact

Positive for long-term raw material security; financial terms of the bid are not yet disclosed.